Asking Price
$700,000
Gross Revenue
$2,000,000
Net Profit
$246,500
LISTING ID # 36527Premier, highly established restaurant and steakhouse with a 15-year legacy of success! This profitable, 5-star, white-tablecloth establishment boasts an 18-foot sit-down bar and seating for approximately 130 guests. Ideally situated near a major route in a high-traffic, sought-after Suffolk location with ample parking. This exceptional venue generates several million in annual revenue and offers a hands-on, front-end owner-manager close to $300,000 in net earnings. It's one of the area's top destinations for dining and catering. Ownership of this prestigious establishment would be a point of pride. Note: the current manager is not a chef. Please also note that the price is firm, the seller is not open to negotiating. For more information, contact broker Jim Aloi at 631-375-4100. This opportunity may qualify for bank financing.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on �view free financials�, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36527 for instant access to this business information.
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