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Financing: $200,000.00 Down and 175,000 for 5 years @ 8% Reason for Selling:Other Interest This beautiful Greek restaurant is located in a bustling shopping center in charming Suffolk County, offering a prime opportunity for growth.
With a 65-seat indoor dining area, a spacious outdoor patio with 40 additional seats, and a fully equipped bar, it is well-positioned for success.
The location sees high foot traffic, and there is ample potential to expand the menu and business.
The restaurant benefits from an 11-year lease with a fantastic landlord and below-market rent of $4,500 per month.
Additionally, qualified buyers may be eligible for a $100K town grant for sewer upgrades and improvements.
With strong seasonal appeal and room to grow, this is an excellent opportunity.
The seller is not present full-time. For serious inquiries, contact broker Jim Aloi at (631) 375-4100.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |