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Asking Price$400,000
Revenue$920,000 Established1982
Cash Flow$170,000 EmployeesUndisclosed
FF&E$125,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Free Standing 5500sf Restaurant owned and established over 30 years by older seller who wishes to retire. This restaurant has fantastic viability and is located in Western Suffolk on Main Road. They have on site parking for over 50 cars.They presently offer a seafood type menu. Buyer who updates this great restaurant or converts it to a franchise can greatly increase present business. Seller landlord and offers a attractive long term lease to qualified buyer or Franchise .Great location for night club,Steaks,Seafood,Sushi,Apple bees,Etc. This Restaurant has a full sit down bar and would do great if buyer promotes a bar crowd or catering and open latter hours business will greatly increase.Seller now closes at 9pm.Contact broker Jim Aloi Seller offers 20 year lease!!
Training/Support:seller will train
Seller Financing:$250,000.00 Down and 150,000 for 5 years @ 6%
Sale Reason:Retiring
Ad #53249
Seller Reference #24101
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Jim Aloi
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