HS Listing ID-71496
Revenue
Average Weekly Sales: Approximately $28,000
Annual Gross Revenue: Approximately $1.45 Million
Profitability
Net Profit: Approximately $225,000 annually
The restaurant has demonstrated strong financial performance while maintaining absentee ownership.
Customer Volume
Average Weekly Guest Count: Over 1,300 guests
The business enjoys strong customer loyalty and consistent traffic throughout the week, generating dependable recurring revenue. Menu items consist of various coffee drinks, sandwiches, salads.
Lease & Occupancy
Current Rent
$4,369 per month
Lease Terms
7 years remaining on current lease
Three additional 5-year renewal options
2% annual rent escalations
The lease provides long-term security with occupancy costs that are exceptionally favorable relative to revenue.
Operating Expenses
Labor-Approximately $356,000 annually
Other Operating Expenses
Linen
Trash Removal
Repairs & Maintenance
Insurance
Combined annual expense for these categories:
Approximately $41,000 annually
The business maintains healthy margins and efficient operating controls.
Management & Staffing
One of the most attractive aspects of the restaurant is its established management structure.
Fully absentee ownership
Experienced manager in place
Manager willing to remain with new ownership
Smooth transition opportunity for investors or first-time restaurant owners
This structure allows a buyer to acquire an operating business with minimal day-to-day involvement.
Seller Financing Available
To facilitate a successful transaction, the seller is willing to provide financing.
Proposed Structure
50% Down Payment
Seller will hold a note for the remaining balance
Seller financing demonstrates confidence in the business and can provide favorable acquisition terms for qualified buyers.
Why This Opportunity Stands Out
Profitable, established restaurant
Absentee ownership model
Experienced manager staying
Strong annual cash flow
Loyal customer base
Over 1,300 guests per week
Attractive lease with long-term security
Seller financing available
Located in an affluent Nassau County market
Investment Opportunity
The business represents an ideal acquisition for:
Restaurant operators seeking expansion
Investors looking for absentee income
First-time buyers seeking a proven concept
Hospitality groups entering the Long Island market
With strong financial performance, stable management, favorable lease terms, and seller financing available, it offers an exceptional opportunity to acquire a successful and established restaurant with immediate cash flow and long-term growth potential.
Additional information available upon request for qualified buyers.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
