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Posted: Friday, December 15, 2017 12:59 PM


Fine Dining Restaurant - 5,000 sq. ft.

Business Description: Gourgeous Fine Dining Restaurant. This location is just minutes from the LIE. It is beautifully appointed with a 38 ft. bar (bar seating for 25).
They offer 130 seats with a total legal occupancy of 168. The space is setup with 2 separate dining areas (one with seating for 75, the other with
seating for 55). Most days they can offer regular dining and private parties at the same time. They also offer live music and a dance floor.
SALES HAVE INCREASED EVERY YEAR FOR THE PAST 15 YRS.! In the most recent year, gross sales were approx. $1,400,000.00 with a net
cash flow of approx. $260,000.00. THE SELLER KEEPS EXCELLENT FINANCIAL RECORDS. There is parking for over 35 cars. The owner is
selling to retire. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds.
To learn more, please call Mel Vaz at 1-877-735-5224.

Asking Price: $529,000.00

Gross Revenue: $1,290,323.00

Owner's Cash Flow: $260,673.64

Down Payment: $300,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

• Location: Long Island, Suffolk County

• Post ID: 149115592 longisland

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