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Listing Number: 2751

Catering/Restaurant Business for Broker in Suffolk County, New York

Business:Catering/Restaurant Business for Broker
County, State: Suffolk County, New York
Business Type: Other Eating & Drinking Places, Ice Cream Parlour

Summary Description

MAKE BEST OFFER! Oustanding high traffic location. Great potential to build on this successful model or modify offering for bagels, etc. Great community destination for casual food! American fare; eat-in, take out, delivery, catering. Quality food at very reasonable prices. Ice cream, seafood, burgers, etc. Located on high traffic main road. Strong year round business with benefit of traffic to and from the beach during the summer. Owners have established a loyal following. Still room to grow this business! Unique business concept draws strong customer base.

About the Sale

Asking price: $130,000 (USD)

Financing:$80,000 down and $50,000, 8%, 48 months

Total Revenues:$191,000 (USD)

Cash Flow:$69,620 (USD)

Reason Selling:one brother retiring, other brother accepted corporate job

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