Restaurant Group
Location:
United States
->
New York
->
Long Island
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This successful group of restaurants consists of three locations in the Long Island/New York City area and one in South Florida. One of the locations is a steakhouse, the other three are Italian family style. Combined sales are $3.5M. Asking price is $1.6M. Each is available separately (see separate listings). The owners wish to retire. When inquiring about the group please refer to listing #1207. Broker cooperation welcome. BBN Broker: Acquest Corporation. E-mail or call (516) 908-6658 for more information on this Restaurant Group for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$3,500,000
Cash Flow:
$500,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $200,000
Seller Financing: Yes
About The Business
Year Established: 1977
Number of Employees: 50 - 99
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Reasonable.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70051791
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