Business Brokerage, Businesses For Sale, Featured Business For Sale, Features
Quality Restaurant in Suffolk For Sale
January 21, 2010 by Kyle Griffith · Comments
Newly renovated 3400 sq. ft full service restaurant with 2 dining rooms and separate large bar area.Located in heavy traffic area with excellent parking. Only restaurant in town to offer on premise catering for parties from 15 to120 in size. Long term lease in place.
Asking price:$425,000 (Furniture / Fixtures included)Sales revenue:$900,000Cash flow:$165,000Years established:1969Employees:14
Facilities: Large kitchen with 10 burner stove 2 ovens 2 fryers 3 ft charbroiler 2 walkins new ice machine, New AC/ Heat units, new roof, and top quality tables and chairs.
Competition: Limited competition in local area.
Growth/Expansion: Business has continued to grow even in the difficult economy. Excellent long term lease, well established on and off premises catering.
Financing: Seller will finance up to 275,000
Support/Training: Will provide ample training of at least 3 months
Reason Selling: Partners Illness
Contact:
NEW YORK BUSINESS BROKERAGE INC.
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