Unique Italian Bistro with 24-Year Lease
- Listing Id: 3924
- Broker Name: John Stefan
- Category: Restaurants
- Asking Price: $199,000.00
- EBITDA: $70,000.00
- Real Estate: $4,200,000.00
- Cash Flow: $160,000.00
- Inventory: $4,000.00
- No. Of Full-Time Employees: 4
- No. Of Part-Time Employees: N/A
- Gross Income: $650,000.00
- FF&E: $170,000.00
- Year Built: 2010
- Address: Click Here
- Zip Code: Click Here
- City: Nassau County
- State: NY
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- No. Of Stories: N/A
- No. Of Indoor Seating: N/A
- Inside Sq. Ft: N/A
- Available: Yes
Description
This UNIQUE Italian Take-out, Eat-in Restaurant was built NEW just 4 ½ years ago and is only open 6-days from 11 AM – 9 PM. It’s in a GREAT LOCATION in an Up-Scale Town in Nassau County and has an UNBELIEVABLE - 24-YR. LEASE with a monthly rental of only $3,800 (includes taxes). The Restaurant is 1,300 sq. ft. with a ½ basement with a private office, POS and Surveillance System and a wine and beer license. It has a front counter pick-up area, an open kitchen and an attractive 20-seat dining room in the rear. Seventy per cent of the business is Take-out. The Seller may finance with $100,000 down or Best Cash-Out Offer. This restaurant currently nets approximately $100,000, but if you are a chef owner, you should net approximately $160,000 a year in your pocket.*** FOR MORE INFO, please call John Stefan of JS Business Brokers at 631-473-2973*** FOR THE EXACT LOCATION download our Confidentiality Agreement, web link: http://www.bizbuysell.com/shared/listings/110/1103877/30d6d920-d464-4307-8be9-50a7ec6cdadf.pdf
Financial Summary
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