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FIRE SALE!! Diner/Restaurant Opportunity
Nassau County, NY |
Listing #22019 |
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| Financial Information (non-confidential) |
| Asking Price |
$99,000.00 |
Gross Revenues |
$297,400.00 |
| Down Payment |
$99,000.00 |
Owner’s Cash Flow |
$37,126.00 |
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Financing: $99,000.00 Down and OR BEST REASONABLE OFFER!
Reason for Selling:Growing Personal Debt
FIRE SALE! CURRENTLY CLOSED! Diner/Restaurant Opportunity. This business was opened just 1.5 years ago with aspirations to be a small town diner with live music. The 2900 sq. ft. space was beautifully renovated, floor to ceiling, but surprise costs in build out, licensing, etc. have caused a cash flow problem for the owners. They have been forced to sell due to this. In 2011, average Gross sales were approx. $5,500/wk with a Gross of $287,000 and a Net of approx. $38K. Sales are slowly growing, but the owners do not wish to build any more debt. We are looking for a hands-on owner operator looking to take over a fully equipped and furnished restaurant opportunity. It is worth a visit. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.
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Melvin L. Vaz
Senior Business Broker
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Servicing Area:
All of NY
All of NJ
All of CT
All of MA
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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. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
