High End Restaurant for Sale in Suffolk County

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. To learn more, please call the broker. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!