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Listing Number: 2927

Restaurant/Cafes Business for Broker in Nassau County, New York

Business:Restaurant/Cafes Business for Broker
County, State: Nassau County, New York
Business Type: Convenience Store, Restaurant/Cafes, Delicatessen/Catering Services

Summary Description

Great location for this luncheonette/convienience store. Biggest location for lotto in the area with sales of $1.7 Million .Seating for 25 and a strong regular costomer base create a hometown image that is rare to find elsewhere. This place is currently run absentee by a manager. An owner / opperator can save the current manager's pay and add $32,000 to the net cash flow.

About the Sale

Asking price:$250,000 (USD)

Financing:$125,000 down and 125000 over 60 mo @7%

Total Revenues:$471,000 (USD)

Cash Flow:$101,630 (USD)

Reason Selling:Other unrealted business interests

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.