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Asking Price$529,000
Revenue$1,290,323 Established2002
Cash Flow$260,673 Employees7 full, 13 part
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Gorgeous Fine Dining Restaurant. This location is just minutes from the LIE. It is beautifully appointed with a 38 ft. bar (bar seating for 25). They offer 130 seats with a total legal occupancy of 168. The space is setup with 2 separate dining areas (one with seating for 75, the other with seating for 55). Most days they can offer regular dining and private parties at the same time. They also offer live music and a dance floor. SALES HAVE INCREASED EVERY YEAR FOR THE PAST15 YRS.!  In the most recent year gross sales were approx. $1,400,000.00 with a net cash flow of approx. $260,000.00. THE SELLER KEEPS EXCELLENT FINANCIAL RECORDS. There is parking for over 35 cars. The owner is selling to retire. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$300,000.00 Down and $229K over 5 yrs. @ 6%.
Sale Reason:Retirement
Ad #96403
Seller Reference #30092
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Melvin L. Vaz
1-877-735-5224
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