High Net Casual Restaurant For Sale

Business description

This Beautifully Appointed "High Net Restaurant" is located in a town in Nassau County. It was built "New" just 2 1/2 yrs. old. It is a casual dinning /family restaurant featuring light bits, assorted appetizers, sandwiches, wraps, salads, specialty sandwiches, burgers & assorted entrees. This restaurant is approximately 2,600 sq. ft. with a basement storage area and seats 70 people at tables, booths and counter. It has a wine and beer license and closes at 10PM. The Gross Rent (including taxes) is only $4,635 per month with a 12-yr Lease, goes up only 3% per year. The Seller will hold notes with a strong down payment.

Property information

Lease terms:

The Gross Rent (including taxes) is only $4,635 per month with a 12-yr Lease, goes up only 3% per year.

Location:

2,600 sq. ft. with a basement storage area, seats 70 people at tables, booths and counter. Everything in it is only 2 1/2 yrs New to include a 5-Station POS System, Surveillance System with computer viewing & Alarm System, 30- ft. of Granite Counters, Tile Floors, Ceilings, Air & Heat, Kitchen Equipment, Furniture, Bathrooms and Private Office.

Other information

Expansion potential:

The Seller operates this business Semi-absentee and nets $235,000. If you work the restaurant full time you will experience a much larger net profit.

Support & training:

Yes

Reasons for selling:

Relocating

Financing available:

The Seller will hold notes with a strong down payment.

Furniture / Fixtures value:

$275,000

Related documents:

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• Document

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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