Turnkey Restaraunt Opportunity! North Shore Suffolk County - Business for Sale

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American Restaurant with 200 Seats in Suffolk County, NY

NY, US
Added today
Restaurant / Food & Beverage
Absentee / Semi-Absentee

An established American restaurant with a 200-seat capacity and recent renovations is offered for sale in North Shore Suffolk County, NY.

Key Information

Asking

$449K

Revenue

$2.0M

Earnings

$350K

Multiple

1.3x

Key Highlights

  • 5,500 sq ft restaurant with 200-seat capacity
  • Lease through September 2035 at $15,000/month (includes CAM, insurance, taxes)
  • Recent $800,000 renovation; FF&E valued at $400,000; inventory value: $60,000
  • Annual payroll: $700,000
  • Current absentee ownership structure
  • Seller financing available

Contact Info

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