German Continental

Nassau County, NY

Seller Financing Available

listing image
Asking Price:$1,100,000
Gross Revenue:$1,300,000
EBITDA:$165,000
Real Estate:$4,000,000
Cash Flow:$250,000
Inventory:$100,000
FF&E:$500,000
Established Year:1981
BUSINESS DESCRIPTION

Great opportunity

Free standing building with large parking lot, in business 40 years with steady customer base and huge growth potential with motivated owner. 45 PARKING SPOTS ,1 ACRE LOT ,120 SEATS INDOOR
60 SEAT S OUTDOOR IN PRIVATE TENT,3 WALK IN BOXES,LARGE STORAGE AREA DOWNSTAIRS WITH FULL BAKING AND BUTCHER SECTION ,LARGE LINE WITH 3 STOVES ,STEAM KETTLE, DEEP FRYER AND BRAZING PAN . NEW NEGOTIABLE 20 YEAR LEASE AVAILABLE


DETAILED INFORMATION
Location
Nassau County, NY
Inventory
Included in asking price
Real Estate
Owned
Building SF
12,000
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All kitchen equipment, tables, chairs, bar, liquor, decorations, basement workshop, and an outdoor area fully set up.
Competition
Prime location
Growth & Expansion
Big growth for bar and outdoor area
Support & Training
Will stay on if needed.
Reason for Selling
Retiring
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Herman EWedel
Herman E Wedel