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Bar With Restaurant And Catering Hall In Nassau County For Sale

Nassau County, New York, US
Asking Price:
$199,000
Sales Revenue:
$238,847
Cash Flow:
$82,823

Restaurant with 3,000 SF Catering Hall. *Price reduced* This is a very unique space. It is located in a very high traffic area, just steps from the train station. This is a 1,500 sq.ft. restaurant, specializing in South American cuisine in a quick-serve setting. They offer a full kitchen with ansul system, as well as steam tables. They also have a beer and wine license, and do tremendous beer sales at the bar. The space offers seating for approx. 25. In the past year, gross sales were approx. $238,847.00, with a net cash flow of approx. $82,823.00.The margins are very high due to the approx. 58% beer sales at the bar. There are 10 years remaining on the lease, at a rent of only $3,350/month. There is a bonus space next door. The owner has completed the construction of a 3,000 sf catering hall. Rent for this space is only $2,000/month. She has decided to move out of state, and has not yet opened the space next door. A new owner only has to furnish the space, and they can open for business. We are seeking a serious and financially-qualified buyer with at least $199K in liquid funds. The ability to speak fluent Spanish would be ideal. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!

For more information, please contact us by using the form below.

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Business Operation

Reasons for selling:

Moving

Employees:
2FT/1PT
Years established:
2015

Other Information

Support & training:

Seller will train

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

199,000.00 Down & Possible for a qualified buyer.

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$5,000