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Sunrise Hwy location - Nassau County QSR restaurant -100% Absentee - Huge Opportunity

Sunrise Hwy location - Nassau County QSR restaurant -100% Absentee - Huge Opportunity
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:

$150,000

Gross Income:

$770,000

Cash Flow:

$105,100

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 there is zero deliveries here and the numbers are 100% verifiable on the tax return. The owner is 100% absentee. With a qualified , experiened operator the current owner will let you operate under the current name for a small licensing fee or you can change the name. Full staff in place and current owner will stay on for a smooth transition.

Call or text Broker Joseph Mesi @ 631-236-8598

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!