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Listed by:

Kensington Company

Profitable Restaurant With Property In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$1,100,000 (USD) Furniture / Fixtures included
Sales Revenue:
$2,000,000 (USD)
Cash Flow:
$250,000 (USD)

Price Lowered For Quick Sale - Qualified Candidates Only.
Location, Location, Location - perfectly situated in the heart of a very happening Suffolk County city, this is the GO-TO spot in the neighborhood. The opportunity here is to own a state of the art, profitable restaurant, along with the real estate property and pay what you might pay in rent alone. The business opportunity is to BECOME THE LANDLORD and acquire both the restaurant as well as the property. As a restaurant owner that owns their own property you no longer need to worry about rent increases, restrictive landlords or spending money to improve someone else’s premises, you would be improving your OWN building. There is plenty of seating and parking as well as a very ample kitchen and storage area to accommodate the current business as well as future growth. This beautiful restaurant comes complete with a brand-new kitchen newly remodeled, and plenty of parking.

The business currently does approximately $2 million in sales with owner’s adjusted earnings of over $250,000. The new owner can come in and even improve on these results as the current owners are spread between multiple locations. NOTE: Because of COVID, the sellers have lowered the price for a quick sale. Qualified Candidates ONLY. Please refer to listing number 14137 when inquiring about this opportunity.

Property Information

Real Estate:

Real Property Included

Business Operation

Employees:
15
Years established:
4

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$500,000 (USD) - included in the asking price

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