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Diner Restaurant In Nassau County For Sale

Nassau County, New York, US
Asking Price:
$150,000
Sales Revenue:
$390,000
Cash Flow:
$36,500

Diner - Across from LIRR. Opportunity sale. This is a long-established business in an affluent Gold Coast neighborhood. It is 2,000 sf. With great parking and 75 seats. There are 10 years left on the current lease with a rent of $7,000/mth. That lease is very negotiable for a new tenant with good credit and industry experience. Unfortunately, sales have declined due to Covid. In the past year the business grossed approx. $390,000.00 with an owner’s cash flow of approx. $36,500.00. There is great upside here for the right operator seeking a good location to refresh the current concept of bring in something entirely new. Buyers must have at least $99K in liquid funds to cover the down payment. To learn more, All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Distressed sale.

Years established:
2000

Other Information

Support & training:

Seller will train

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

99,000.00 Down & $51K over 3 yrs. @ 6%.

Furniture / Fixtures value:
$75,000

Contact Vested Business Brokers HQ

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