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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Upscale East End Restaurant

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2004
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Owner is relocating.
Description  Highly profitable upscale LI East End restaurant for sale at a significantly reduced price. If you are a skilled chef and want a location that can just about guarantee that you will be booked solid this summer season (because it is the nature of this affluent area for people to find out for themselves about the new chef), you must see this place in person. Current owner can demonstrate how he has made a very good living and there are ways to even double his profits. The restaurant has 60%-70% return customers, with 30 seats inside including the bar and 65 seats outside. The business has been increasing and the area's population is growing. Being in this location brings the right traffic for people who have money and spend it for a good meal/wine. The restaurant itself has the right feel for the area and the views are beautiful.
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