Restaurant Business Opportunity

Suffolk County, NY

Seller Financing Available

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Asking Price:$329,000
Gross Revenue:$1,000,000
Cash Flow:$200,000
Real Estate:$1,900,000
BUSINESS DESCRIPTION

HS Listing ID-11546

Popular restaurant facing a busy road near an intersection.

Restaurant is easy to see with large signage and has a parking lot behind the building.

Menu features classic Italian dishes and offers take-out and catering services.

Inside features a full bar, lots of table and booth seating, and fine décor.

Customers can choose to sit outdoors on a covered patio.

This restaurant features a sizeable kitchen, long kitchen hood, and two walk-in boxes with refrigerator and freezer in great condition.

The second floor of this restaurant is currently rented out as a two-bedroom apartment, providing an additional revenue stream.

Owner is willing to hold a note.

The property is also available for purchase at $1.9M.

This is a well-established business with amazing potential for growth and expansion.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Real Estate
Owned
Facilities
Popular restaurant facing a busy road near an intersection. Restaurant is easy to see with large signage and has a parking lot behind the building. Inside features a full bar, lots of table and booth seating, and fine décor.
Competition
Menu features classic Italian dishes and offers take-out and catering services. Customers can choose to sit outdoors on a covered patio.
Growth & Expansion
The second floor of this restaurant is currently rented out as a two-bedroom apartment, providing an additional revenue stream. Owner is willing to hold a note. The property is also available for purchase at $1.9M.
Support & Training
Yes.
Reason for Selling
Other business interests.
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Mike
Steinberg
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Mike Steinberg