North Shore Suffolk County Restaurant in AAA Location

Suffolk County, NY
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Asking Price:$600,000
Gross Revenue:$2,000,000
Cash Flow:$250,000
FF&E:$1,000,000
BUSINESS DESCRIPTION

This UNBELIEVABLE Restaurant in one of the most sought-after locations has finally come up for sale. This is one of the busiest and biggest shopping centers on Long Island. We are selling this well-established restaurant that has sales of $2m for ONLY $600,000. When we say too good to be true this is the EXCEPTION. The seller MUST sell this profitable busy food establishment for a fraction of its cost. They consistently have yearly sales of $2m operating ABSENTEE. A more involved experienced operator will be able to propel both the sales and profits of this establishment. A dedicated, hands-on operator that takes over the controls will make it an even bigger success. The ROI on this can NOT be duplicated. They have seating for about 150 customers plus a large bar area. They have everything that is needed for them to be a MONSTER business, GREAT Location, Tremendous Visibility, Tons of Traffic, Beautiful Interior, Full Surveillance System, Full Liquor License, OUTSIDE SEATING, Private Office, and Operates Absentee and is PROFITABLE. The restaurant is priced at $600,000. NO UTILITIES-NO GARBAGE- NO CABLE-NO PHONE!!!! The build-out cost OVER $1,000,000. This is truly a ONCE IN A LIFETIME opportunity. Please refer to listing number 15434 when inquiring about this opportunity.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
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Ken
Stein/Kensington Company
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Ken Stein/Kensington Company