Upscale Restaurant
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1400000
Net Profit / Cash Flow $233000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 10 - 19
Inventory 175000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training As needed.
Reason for Sale Other opportunities.
Description Upscale restaurant/banquet hall for sale, located in Western Suffolk. 7 200 square ft with fantastic parking on main road. Currently doing $1.4million dollars a year. This particular legendary fancy dining facility has been a landmark for 25 years servicing cocktail parties for corporate events, weddings, company lunch's etc. Looking for operators with new energy to take this to next level..Landlord will give a 15 year lease.
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