Nassau, New York, United States
| Asking Price: | USD $1,750,000.00 |
| Gross Income: | USD $2,000,000.00 |
| Cash Flow: | USD $422,000.00 |
| Fixtures & Fittings: | USD $150,000.00 |
| Stock & Inventory: | USD $5,000.00 |
| Owner Financing: | Yes |
| Finance Available: | NEGOTIABLE seller will finance the building |
| Year Established: | 1994 |
| Employees: | Full Time: 20, Managers: 1 |
| Terms of Sale: | Share Capital |
WELL-ESTABLISHED RESTAURANT BAKERY ON A MAIN STREET IN ONE OF THE WEALTHIEST TOWNS IN NASSAU COUNTY.
This extremely well known Bakery / Restaurant is in the middle of the best street in a Major Northern Nassau County Town. Over the years it has become an institution. There is a possibility to take over the business as usual, or to open your own new Restaurant Concept
Historical Summary: In business since 1994 this is a well -known family Restaurant / Bakery who also wholesales their Baked Goods to other Businesses.
Owner Qualifications: RESTAURANT EXPERIENCE HELPFUL
Expansion Potential: UNLIMITED
Competition & Market Info: VERY LITTLE COMPETITION TO IT'S UNIQUE BUSINESS PROFILE
Reasons for Sale: OWNER HAS MOVED TO ANOTHER CITY
Support & Training: SELLER WILL COMPLETELY TRAIN
Other Assets: Real Estate: $1,300,000
Property Type: Freehold
Location: REAL ESTATE INCLUDED IN SALE
Premises Details: A MAJOR LOCATION ON A MAJOR STREET IN THE BEST WEALTHY TOWN IN NORTHERN NASSAU COUNTY. THE RESTAURANT CONSISTS OF A 2500 SQUARE FOOT MAIN FLOOR AND A 2500 SQUARE FOOT BASEMENT WITH ALL FOOD PROP AND STORAGE FACILITIES AS WELL AS A PRIVATE OFFICE. OWNER NETS $ 322K AFTER DEBT SERVICE ON THE BUILDING OF $72K YEARLY
Size (Sq m or ft): 5000 sq ft
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