Description

Exclusive 6 Day North Shore Italian Restaurant with a full staff is ready for an experienced operator to come in and build off of the continuous growth this location has to offer.  Lunch , Dinner , Beer , Wine , Personal Pizzas to stay or go. Current owners have recently remodeled , upgraded 90% of the equipment , added a beautiful outdoor patio with seating and increased sales with more room to grow. On top of the verifiable $1.5M gross there is additional income and net that the seller will discuss with a serious , qualified buyer. Seller is also offering 40% financing to a qualified buyer with the right offer. 12 yrs left on current lease with very low rent for this well groomed area. This location is priced to sell quickly. 

Property Information

  • Listing Number: 12086
  • State: New york
  • County: Suffolk

Financial Information

  • Asking Price:$549,000
  • Gross Income:$1,527,000
  • Cash Flow:$221,124
  • Seller Financing:$250,000

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