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Fabulous Restaurant Diner In New York For Sale

New York, US
Asking Price:
$295,000 Inventory / Stock included
Sales Revenue:
$425,000
Cash Flow:
$150,000

LISTING ID # 25219

Fabulous restaurant diner with seating for 65. Eleven years old and busy all day long. It is located directly across the street from a LIRR station. This restaurant serves breakfast, lunch and dinner. The lease @ $2400 per month, includes an apartment that brings in $900.00 per month making the net cost ONLY $1500.00 per month. It's practically free and There are 24 years left on the lease! The diner was completely redone after Sandy and includes a walk-in fridge and freezer. This one is a gem.

Business Operation

Reasons for selling:

Personal

Employees:
2 FT/3 PT
Years established:
11

Other Information

Support & training:

Seller will train

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

150,000.00 Down & 145,000 @ 6% Over 48 Months

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$5,000 - included in the asking price