Buy a Restaurant/Cafes Business in Rockland County, New York

Business: Buy a Restaurant/Cafes Business
County, State: Rockland County, New York
Business Type: Restaurant/Cafes, Other Eating & Drinking Places

Summary Description

This is a very popular restaurant/cafe. Menu has a wide variety of hearty breakfast, lunch and dinner items. Located on a very busy highway. This eatery is in a strip mall which makes for high visibility, ample parking and easy access. This diner is well established, beautifully maintained, enjoys an excellent reputation and seats 125. The liquor license with full bar complements this beautiful family restaurant. All of the dishes are very reasonably priced and it also employs a professional and friendly staff. Asking just over two times net, with $280,000 down. This is an opportunity that does not come around very often.

About the Sale

Asking price:$495,000 (USD)

Financing:$280,000 down and 215,000 at 7% over 60 Months

Total Revenues:$1,003,535 (USD)

Cash Flow:$202,075 (USD)

Reason Selling:Owner is retiring

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Retail, 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.