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SMOKIN HOT! Lynbrook Restaurant 40k Weekly Established 27 Years
New york (New York)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11645
Business Type:
Established Businesses
Business Category:
Restaurant/ Cafes
State:
New york
County:
New York

Other Information

Financial Information

Asking Price:
$625,000
Gross Income:
$2,000,000
Cash Flow:
$313,800
Seller Financing:
$200,000  

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Business Description

This 27 year old fine dining cuisine restaurant in Lynbrook - RVC has hot location approximately 3300 square feet full kitchen full liquor 2 a.m. approximately 120 seats plus the bar, amazing opportunity doing 40k weekly priced aggressively to sell owner has an extremely loyal customer base and is willing to provide a smooth transition the lease is extremely favorable at 8700 with a 3% escalation and a five-year option after the 10 years. real estate taxes are about $1,000 per month making this an extremely undervalued lease for a 3300 sq ft Property. Owner operator can come in and make that money back in 18 months making this an extremely good opportunity,  Lynbrook - RVCis extremely hot for restaurants. Call broker 516-779-8900 or register with us.

 

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11645

Business Listed By

Henry GALASSO

Email this List   5163421648
Email this List   516-779-8900
Email this List   henry@eastcoaststores.com
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