Grill & Lounge in Nassau County NY
LISTING ID # 30775
This is a great and beautiful Mexican Restaurant. Restaurant is located in a great part of Nassau County, Long Island. Restaurant has a beautiful dining room and bar section. It is 3000 sq. ft., and rent is only $4,700 a month. The current lease has six years remaining, with a five-year option. Restaurant is grossing $650,000 a year. After all bills are paid, owner's cash flow is $175,000. Owner is asking for $400,000, with $300,000 down, and he will hold note of $100,000. He has four part-time employees and three full-time employees. This is one you must see. It is a great business!
Financials (USD)
Asking Price $400,000
Cash Flow $175,000
Sales $650,000
Deal Terms
Represented by broker? Available On Request
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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