Diner on Suffolk North Shore 27 Yr Lease - 70% FINANCING - $62k Wkly
New york (Suffolk)

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Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Non Confidential Information

Property Information

Listing Number:

11534

Business Type:

Established Businesses

Business Category:

Diners

State:

New york

County:

Suffolk

Other Information

Financial Information

Asking Price:

$1,500,000

Gross Income:

$2,600,000

Cash Flow:

$511,288

Seller Financing:

$900,000

Confidential Information

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Business Description

Landmark Diner EST 30 years ago and very good following over 52k weekly open 7 days 250 seats full liquor 6000 sq ft Sits on 2.5 acres spots for 130 cars. Any family can buy this with 50% down and be extremely successful as the last owners have. Owners have too many ventures and can't handle this additional restaurant. Extremely LOW rent makes this a home run opportunity for anyone with food experience or even someone new looking to break into the diner business.

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