Restaurant Distress Sale For Sale

Business description

This Beautifully Appointed Restaurant has been "Reduced" by $85,000 for a quick sale to $139,000. It is only 4-years old, seats 50 at tables plus a full bar and full basement. It is a "Free Standing" building with it's own parking lot located near the Commack /Northport area of Long Island. Open only 6 days a week from 4:30PM. The Rent is $5,400 mo. with a 9 1/2 yr lease. "Buy It Now" you must move fast for that price. Seller will hold notes with $80,000 down.

Property information

Real Estate:

Lease

Lease terms:

The Rent is $5,400 mo. with a 9 1/2 yr lease.

Location:

Beautiful Restaurant, Contemporary Design with Skylights. It is a Free Standing Building, 2200 sq. ft. + full basement with a 22-car parking lot, seats-50 + full bar. Open 6 days a week from 4:30PM. Rent is $5,400 month a with 9 1/2 yr lease.

Other information

Expansion potential:

This location is excellent for any type of smaller restaurant, such as an Italian Restaurant, Bistro, American Restaurant, Cafe, Chinese or Japanese Restaurant, Mexican Restaurant, Franchise concept, Bar/Pub, Tavern, Greek Italian Restaurant etc.

Support & training:

Yes

Trading hours:

Open 6 Days for dinner only

Financing available:

Yes with $80,000 down

Furniture / Fixtures value:

$225,000

Related documents:

• 
• Confidentiality Agreement