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Bar/restaurant/catering Hall In Nassau County For Sale

Nassau County, New York, US
Asking Price:
$199,000 (USD)
Sales Revenue:
$238,847 (USD)
Cash Flow:
$82,823 (USD)

LISTING ID # 30121

Restaurant with 3,000 SF Catering Hall. *PRICE REDUCED* This is a very unique space. It is located in a very high traffic area, just steps from the train station. This is a 1,500 sq.ft. restaurant, specializing in South American cuisine in a quick-serve setting. They offer a full kitchen with ansul system, as well as steam tables. They also have a beer and wine license, and do tremendous beer sales at the bar. The space offers seating for approx. 25. In the past year, gross sales were approx. $238,847.00, with a net cash flow of approx. $82,823.00.The margins are very high due to the approx. 58% beer sales at the bar. There are 10 years remaining on the lease, at a rent of only $3,350/month. THERE IS A BONUS SPACE NEXT DOOR. THE OWNER HAS COMPLETED THE CONSTRUCTION OF A 3,000 SF CATERING HALL. Rent for this space is only $2,000/month. She has decided to move out of state, and has not yet opened the space next door. A new owner only has to furnish the space, and they can open for business. We are seeking a serious and financially-qualified buyer with at least $199K in liquid funds. The ability to speak fluent Spanish would be ideal. To learn more, please call 877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-30121 for instant access to this business information.

Business Operation

Reasons for selling:

Moving

Employees:
2FT/1PT
Years established:
2015

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Possible for a qualified buyer.

Furniture / Fixtures value:
$75,000 (USD)
Inventory / Stock value:
$5,000 (USD)

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