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Restaurant Asset Sale In Heart Of Babylon NY For Sale

New York, US
Asking Price:
$125,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

HS Listing ID-67846


Previously, this was a 30 Year Established Italian Restaurant on Babylon’s Main Street, loved by many and cherished within the community. Perfect for the next restaurateur to come in and take advantage of the amazing opportunity.

Location: Deer Park Ave, Babylon NY

Highlights:

Well maintained restaurant, all equipment has been serviced properly and is up-to-date.

Includes FFE + goodwill.

The landlord is the previous business owner.

Located in the heart of the village of Babylon.

Currently has no violations and previously held a full liquor license.

Rent & Lease:

Rent: $7,000 / month

Term: 10 years

SQFT: 1800 + full basement

Landlord will provide 1 month free

24 months of no rent increase

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$84,000 per annum

Size in square feet:
1,600

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.

Business closed / Asset sale:
Yes