Waterfront Restaurant For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $2000000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2012
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Reason for Sale Seller does not have any interest in daily operation of this business.
Description This is a once in a lifetime opportunity to purchase a STATE of the ART beautiful restaurant in an affluent community of Long Island with incredible water views, for a fraction of what it would cost to build. The current owner does not have any restaurant experience and has completely remodeled this landmark restaurant from the ground up with no expense spared. Everything has been upgraded from the inside out; including the roof and HVAC. It would cost $1,000,000+ to duplicate. There is seating for 225+ patrons in addition to 40 outside seating. FOUR private party rooms to accommodate small parties of 20 to large events of 100 plus. The restaurant is PRICED to SELL for the owner is motivated to sell quickly for the seller does not have any interest in daily operation of this business. Please refer to listing #11381 when inquiring about this listing
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