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Recently Renovated Ten Years Established Sandwich Cafe Restaurant For Sale

Nassau County, New York
Asking Price:
$180,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$540,000
Cash Flow:
Available on request

Long time established sandwich cafe very recently went through an extensive and expensive renovation. With its updated interiors, it presents a very modern and clean look to customers once they step inside the store. The partners have invested a lot of time and money into the construction. They are looking to sell because they have different visions going forward, and do not want to jeopardize their close friendships.

They serve sandwiches (with its own unique twist), freshly prepared salads, wraps, and organic smoothies amongst other items from their diverse but small menu. They have gained a reputation for consistently offering fresh ingredients and healthy meat selections.

The cafe has one of the best locations in town. It is situated in the largest mall in the area, on one of the busiest roads in Long Island. There are several large anchor stores that serve the day to day shopping needs of the local residents, as well as a large office building. The foot traffic from the residents and office workers provide an extremely consistent customer base that has demonstrated their loyalty to the store. In addition, the lease has 3 tenant options that go all the way through 2027.

Asking Price: $180,000
Gross Sales: $45,000 per month
Lease: $6,500 per month plus 3 tenant lease options thru 2027

Don't miss this opportunity!

Keywords: restaurant for sale, business for sale, buy a restaurant, buy a business, sale of business.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Lease

Lease Terms:

Current lease runs through 2019 at $6,500 per month
tenant option for $6,900 through 2021
another tenant option for $7,000 through 2023
and last tenant option for $7,500 through end of 2027

Leasehold Rent:

$78,000 per annum

Location:

Prime location. Nice middle class town with lots of families, government offices, and commercial businesses nearby.

Premises Details:

Biggest mall in the area. With 2 large anchors and a commercial office building. parking has 500 parking spaces!

Size in square feet:
2,700

Business Operation

Competition / Market:

There are other sandwich places but this restaurant has its own unique twist on Americana food and it has been in business for a decade!

Reasons for selling:

partnership disagreement

Trading hours:

11am-10pm

Employees:
10
Years established:
2006

Other Information

Support & training:

2 weeks training.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

neogtiable

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price

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