Mexican QSR - Huge Growth Potential - Nassau County -100% Absentee
New york (Nassau)

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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:

11900

Business Type:

Established Businesses

Business Category:

Restaurant/ Cafes

State:

New york

County:

Nassau

Other Information

Financial Information

Asking Price:

$250,000

Gross Income:

$780,000

Cash Flow:

$89,900

Seller Financing:

Confidential Information

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Business Description

This store is a Mexican Quick Serve restaurant with 35 seats on the certificate of occupancy approximately 1800 square feet. Base Rent is $3,500 + real estate taxes and CAM is under 7,000 currently the store is branded under a multi-unit name very well known in Nassau County. The store is 100% absentee and currently 25% of the $15,000 per week they are grossing is in Uber Eats and DoorDash which is approximately 25% of sales. The current owner does not deliver I repeat this zero deliveries here and the numbers are 100% verifiable on the tax return. The owner is 100% absentee. This location needs an owner operator with an experienced owner the current owner will let the buyer operate under the current name for a small licensing fee or you can change this to any concept. Greek concept would be fantastic or a bagel store Deli would be fantastic or keep it Mexican. All Employees want to keep their job and owner will stay on for a smooth transition.

Call Broker Sean Miller- 631-793-6168

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!