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Advert Ref: 8159 Vaz

Gorgeous Fine Dining Restaurant For Sale

Details: Asking price:$410,000; Sales revenue:$1,180,000; Net profit:$147,005; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: Gorgeous fine dining restaurant in the heart of a very affluent North Shore Suffolk County Community just walking distance from the water. This business is highly rated by Zagat's, Frommer's, The New York Times, and AOL City Guide, just to name a few. They offer a diverse selection of New American entrees that cover most of the bases: seafood like salmon, sole and tuna; poultry from chicken to duck; and red meat including lamb, pork and steak. The restaurant's unassuming yet classy decor gives it a cozy charm. A piano player tickles the ivories during the week, and weekends feature live jazz. Sunday brunch begins promptly at noon. The dining room seats 120 guests plus and additional 18 at the bar. The current owner is also the landlord, ready to offer a 20 year lease with only 3% rent increases for a 4,300 sq. ft. facility (Dining Room alone is 2,800 sq. ft.). In the past 12 months, this business has grossed approx. $1,180,000.00 with a Net Income of approx. $147,005.00. There is plenty of room for growth as the business is currently open only for dinner 6 days per week (plus brunch on Sunday). This is a truly unique location that will not be on the market for long. Call today for an appointment to see for yourself!

General information: Years established:11; Employees: 6FT/11PT; Real Estate:; Reasons for selling:owner is retiring; Financing available?$123,000 over 12 months @ 8%