Bar/Restaurant/Catering Hall for Sale in Nassau Co

Nassau County, NY
Asking Price: $199,000
Business For Sale Details
Listed on Dec 29, 2020(Renewed on Dec 11, 2024)

Listing ID # 30121

Restaurant with 3,000 SF Catering Hall. Price Reduced. This is a very unique space. It is located in a very high traffic area, just steps from the train station. This is a 1,500 sq.ft. restaurant, specializing in South American cuisine in a quick-serve setting. They offer a full kitchen with ansul system, as well as steam tables. They also have a beer and wine license, and do tremendous beer sales at the bar. The space offers seating for approx. 25. In the past year, gross sales were approx. $238,847.00, with a net cash flow of approx. $82,823.00.The margins are very high due to the approx. 58% beer sales at the bar. There are 10 years remaining on the lease, at a rent of only $3,350/month. There Is A Bonus Space Next Door. The Owner Has Completed The Construction Of A 3,000 Sf Catering Hall. Rent for this space is only $2,000/month. She has decided to move out of state, and has not yet opened the space next door. A new owner only has to furnish the space, and they can open for business. We are seeking a serious and financially-qualified buyer with at least $199K in liquid funds. The ability to speak fluent Spanish would be ideal. To learn more, please call. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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Financials (USD)

Asking Price $199,000

Cash Flow $82,823

Sales $238,847

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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