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Grill & Lounge In Nassau County For Sale

Nassau County, New York, US
Asking Price:
$400,000
Sales Revenue:
$650,000
Cash Flow:
$175,000

This is a great and beautiful Mexican Restaurant. Grill & Lounge Restaurant is located in a great part of Nassau County, Long Island. It has a beautiful dining room and bar section. It is 3000 sq. ft., and rent is only $4,700 a month. The current lease has six years remaining, with a five-year option. Restaurant is grossing $650,000 a year. After all bills are paid, the owner's cash flow is $175,000. Owner is asking for $400,000, with $300,000 down, and he will hold a note of $100,000. He has four part-time employees and three full-time employees. This is one you must see. It is a great business! Call the broker for more details.

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Business Operation

Reasons for selling:

Other interests.

Employees:
3FT/4PT

Other Information

Support & training:

Seller will train

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

300,000.00 Down & 100,000 at 5% over 36 months.

Furniture / Fixtures value:
$200,000
Inventory / Stock value:
$3,000