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Asking Price$400,000
Revenue$596,000 Established1963
Cash Flow$213,412 Employees1 full, 10 part
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Nassau Classic 1960's soda shop & Luncheonette established 50 years!Remember old fashion Brooklyn egg creams,Cheese burger and fries,meat loaf,belguin waffles and home fries.This great place brings you back to memory lane!Seller retiring but will offer full support this store is also known for its homemade holiday chocolate both retail and a little wholesale GREAT PLACE MUST SEE INCLUDES SEPARATE CATERING ROOM LARGE PREP AREA back room to make chocolate and to much to list.This place has a great reputation for its many years in business great foods and fast service. Seller is offering this great business for $400k with $250k down for the business or for a additional $700k buy the income real estate which is available from PMTG Realty Group.Total package price $1.1 for all Ice cream parlor plus 2 other rentals included in price real estate tax $30k rental income for other 2 stores is $2200 monthly plus this store total rent for all 3 = $65,000 yearly. Note buyer can expand this shop by doing away with one tenant.Contact Agent Broker Jim Aloi
Training/Support:seller will train
Seller Financing:$250,000.00 Down and 150,000 7 % 5 years
Sale Reason:retiring
Ad #55489
Seller Reference #24064
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Jim Aloi
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