Buy a Restaurant/Cafe Business in Kings County, New York
Business: Buy a Restaurant/Cafe Business
County, State: Kings County, New York
Business Type: Restaurant/Cafes, Retail, Other Eating & Drinking Places
Summary Description
Established 28 yrs. Beautiful brick walled diner located in historical, affluent north Shore community. Two story brick atrium with overlook and dining on two levels. Serves breakfast, lunch and dinner and offers fresh ingredients and homemade recipes. Expansive, reasonably priced menu served by professional, friendly staff. Party room. Clean, updated and well set up kitchen. New equipment. Unbelievable location. Can continue operating as diner or convert to upscale restaurant or club. Owners will give a long lease to right buyer.
About the Sale
Asking price:$890,000 (USD)
Financing:$500,000 down and Balance at 8% over 6 years
Total Revenues:$988,000 (USD)
Cash Flow:$301,530 (USD)
Reason Selling:Retirement
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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.