100% Absentee North Shore Nassau County Restaurant
SLEEPING GIANT, this Profitable North Shore Gold Coast Restaurant operates 100% Absentee and is the place that everyone wants to be. LOCATION-LOCATION-LOCATION, is EVERYTHING….. Located in a very affluent community with a highly visible site that is easily accessible to everyone. This place truly has incredible potential and an involved experienced owner will propel BOTH sales and the profits. Current revenue is $2.5m with their reduced hours of being open 6 days per week. They have multiple dining rooms for seating of 180. The restaurant has a flexible floor plan to include an area for private parties, an active bar area of 30+ seats, PLUS an outdoor patio serving 50 guests. A long-term lease of 20 years allows the buyer to enjoy their efforts for many years to come. The business is priced to sell at $699,000 as the owner is currently earning $200,000 ABSENTEE and with some tweaks this restaurant will have sales in excess of $3m earning over $350k per year. Excellent books and records. Please refer to listing number 14746 when inquiring about this opportunity.