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Iconic Eastern Suffolk Restaurant In New York For Sale

New York, US
Asking Price:
$899,000
Sales Revenue:
$1,700,000
Cash Flow:
$350,000

LISTING ID: 35547

Iconic Eastern Suffolk restaurant for sale, with features such as a large classic bar, 232 seating capacity, and outdoor dining in the summer. With a loyal customer base who enjoys dining in and taking out, as well as the ability to order through food delivery services, The restaurant boasts 7,000 sq. ft. with a 1,800 sq. ft. kitchen and was built in 1873. The kitchen features two walk-in freezers, two long walk-in boxes, and a full basement for storage. This restaurant also has an ATM on site and four easily accessible restrooms. A magnificent restaurant with an owner who feels it is time to move on.

Business Operation

Reasons for selling:

Other interests

Employees:
13 FT/7 PT
Years established:
13

Other Information

Support & training:

Seller will train

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

500,000.00 Down & Balance of $399k at 7% for 60 months.

Furniture / Fixtures value:
$125,000
Inventory / Stock value:
$40,000