This fantastic opportunity in lower Westchester lends itself to an extremely profitable seafood and steak restaurant operator.  The store is well known and has an extremely loyal customer base. The build-out alone is over $600k in leasehold improvements and current upgrades. Currently the current operator is running at semi absentee and its gross sales  yearly are 2.4 million inclusive of tips and gratuities. The base rent is $10,000 plus real estate taxes and cam and the escalation on the basis 3%. There is currently 8 years left on the lease but the landlord will definitely give the equivalent of 10 years to a qualified buyer. The current owner has other opportunities but is offering a transition period that is ample enough to ensure the buyer will be successful. 

Contact Henry Galasso Call-Text 516-779-8900 Have POF Ready

Property Information

  • Listing Number: 12159
  • Business Type: Established Businesses
  • Business Category: Restaurant/ Cafes
  • State: New york
  • County: Westchester

Financial Information

  • Asking Price:$750,000
  • Gross Income:$2,400,000
  • Cash Flow:$310,000

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