Growing Quick Serve And Take Out Restaurant In Suffolk County For Sale

Overview

  • Business services, Services
  • Property Type

Description


Suffolk County,
New York, US

Asking Price:


$249,990

Sales Revenue:

$1,100,000

Cash Flow:

$110,000

This growing restaurant has a simple and proven concept, and it’s located in a shopping center with major anchor tenants and over 200 parking spaces. In the past year, the business grossed approximately $1,100,000 with an owner’s cash flow of $110,000. The rent is $6,850 per month, which includes garbage, water, taxes, and common area maintenance. Even better, the rent is fixed for the next 5 years, and there are 18 years left on the current lease. The seller may consider seller financing for a well-qualified buyer with experience in the food service industry. To qualify, buyers must have at least $199K in liquid funds, and proof of funds will be requested before any meetings are scheduled. All meetings must be made by appointment only. Don’t miss out on this opportunity to own a profitable restaurant in a prime location. To learn more, contact Mel Vaz.



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Address

  • State/county New York
  • Country United States

Details

Updated on March 11, 2023 at 9:15 pm
  • Property Type: Business services, Services
  • Property Status: For Sale

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VITAE · CHILD SPECIALIST