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Established Restaurant In Suffolk County For Sale

Suffolk County, New York
Asking Price:
$159,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,500,000 (USD)
Cash Flow:
$200,000 (USD)

The hard part is done!! This restaurant is established and profitable. The current owner is looking for a partner to share both the workload and the profits of this seafood restaurant. Yearly revenue for this business has hovered around $1.5 million for the past few years.
A majority of the capital invested into this partnership will be used for a renovation that will both modernize and rearrange the layout to greatly increased revenues. The ideal candidate for this opportunity would have chef or management experience and investment capital of $150K-$200K.

Property information

Premises Details:

20 plus years as a profitable business

Business Operation

Expansion Potential:

Updating the decor and making alteration to the existing layout should increase the profits for years to come.

Reasons for selling:

partnership desired

Trading hours:

Monday - Thursday 11:00am- 11:00pm Friday-Saturday 11:00am- 2:00am Sun

Employees:
16
Years established:
25

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price

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