High End Dining Restaurant for Sale in New York
LISTING ID # 36527
Premier, highly established restaurant and steakhouse with a 15-year legacy of success! This profitable, 5-star, white-tablecloth establishment boasts an 18-foot sit-down bar and seating for approximately 130 guests. Ideally situated near a major route in a high-traffic, sought-after Suffolk location with ample parking. This exceptional venue generates several million in annual revenue and offers a hands-on, front-end owner-manager close to $300,000 in net earnings. It's one of the area's top destinations for dining and catering. Ownership of this prestigious establishment would be a point of pride. Note: the current manager is not a chef. Please also note that the price is firm, the seller is not open to negotiating. This opportunity may qualify for bank financing.
Financials (USD)
Asking Price $700,000
Cash Flow $290,000
Sales $2,000,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Yes
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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