Italian Restaurant With Property In The Heart Of Nassau County

Nassau County, NY

Seller Financing Available

listing image
Asking Price:$3,200,000
Gross Revenue:$1,200,000
Cash Flow:$170,000
Established Year:2000
BUSINESS DESCRIPTION

HS Listing ID-39788

Established for 23 years.

Highly rated restaurant online.

Large building with 125 seats.

2 bars.

Large heated enclosed patio.

Property has been updated throughout the years.

8315 sq ft building on .64 acres of land (27,904 sq ft).

3 streams of rental income (2 bedroom apartment, office, & parking spots).

Total rent roll $92,400.

Revenue $1.2 million (Not including rental income).

EBITDA $170,000 (Not including rental income).

Willing to hold a note.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Nassau County, NY
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
8,315
Facilities
Established for 23 years. Large building with 125 seats.
Competition
Highly rated restaurant online.
Growth & Expansion
3 streams of rental income (2 bedroom apartment, office, & parking spots).
Support & Training
Yes.
Reason for Selling
Other business interests.
Report an Issue with this listing
profile-img
Hassan
mahmood
logo-img
Hassan mahmood