High End Dining Restaurant for Sale in New York

Suffolk County, NY

Seller Financing Available

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Asking Price:$795,000
Gross Revenue:$2,000,000
FF&E:$250,000
Cash Flow:$290,000
Inventory:$20,000
Established Year:2009
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
495,000.00 Down & $300,000 for 5 years @ 8%
Support & Training
Seller will train
Reason for Selling
Other interests
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd