High End Dining Restaurant for Sale in New York
Asking Price: | $795,000 |
Gross Revenue: | $2,000,000 |
FF&E: | $250,000 |
Cash Flow: | $290,000 |
Inventory: | $20,000 |
Established Year: | 2009 |
LISTING ID # 36527
Premier, highly established restaurant and steakhouse with a 15-year legacy of success! This profitable, 5-star, white-tablecloth establishment boasts an 18-foot sit-down bar and seating for approximately 130 guests. Ideally situated near a major route in a high-traffic, sought-after Suffolk location with ample parking. This exceptional venue generates several million in annual revenue and offers a hands-on, front-end owner-manager close to $300,000 in net earnings. It's one of the area's top destinations for dining and catering. Ownership of this prestigious establishment would be a point of pride. Note: the current manager is not a chef. For more information, contact the broker. This opportunity may qualify for bank financing.