High End Restaurant For Sale in Suffolk County
Business Description
LISTING ID # 34060
Highly Regarded Restaurant. Major Price Reduction! This landmark restaurant has been serving up high quality food and drink since 2014. 2024 gross sales were $1,700,000 (up from the previous year)with an owner's cash flow of approx. $205,000.00. This is a fully equipped space with 80 seats indoors as well as seating for over 100 outside. They have 4 years left on the current lease at a total rent of $6,000 (incl. tax and CAM). A qualified tenant will have the ability to extend the lease. The current owners are looking to retire after a great run. Owner is willing to stay on for a training and transition period. We are seeking a serious and financially qualified buyer with at least $250,000 in liquid funds to cover the asking price.
Highly Regarded Restaurant. Major Price Reduction! This landmark restaurant has been serving up high quality food and drink since 2014. 2024 gross sales were $1,700,000 (up from the previous year)with an owner's cash flow of approx. $205,000.00. This is a fully equipped space with 80 seats indoors as well as seating for over 100 outside. They have 4 years left on the current lease at a total rent of $6,000 (incl. tax and CAM). A qualified tenant will have the ability to extend the lease. The current owners are looking to retire after a great run. Owner is willing to stay on for a training and transition period. We are seeking a serious and financially qualified buyer with at least $250,000 in liquid funds to cover the asking price.
About the Business
- Years in Operation
- 7
- Employees
- 23
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will train
Listing Info
- ID
- 2395659
- Listing Views
- 332
Listing ID: 2395659 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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