High End Dining Restaurant for Sale in New York - 36527 Business Type: bar/tavern/night clubs,delicatessen/catering services,owner financing available,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $795,000 | Down Payment | $495,000 |
| Gross Revenues | $2,000,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $290,000 | Number of FT Employees | Register Free to View |
Financing
$495,000 Down and $300,000 for 5 years @ 8%
Business Description
Premier, highly established restaurant and steakhouse with a 15-year legacy of success!
This profitable, 5-star, white-tablecloth establishment boasts an 18-foot sit-down bar and seating for approximately 130 guests.
Ideally situated near a major route in a high-traffic, sought-after Suffolk location with ample parking.
This exceptional venue generates several million in annual revenue and offers a hands-on, front-end owner-manager close to $300,000 in net earnings.
It's one of the area's top destinations for dining and catering. Ownership of this prestigious establishment would be a point of pride. Note: the current manager is not a chef.
Please also note that the price is firm, the seller is not open to negotiating.
For more information, contact broker Jim Aloi at 631-375-4100. This opportunity may qualify for bank financing.
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.
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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.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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