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Posted: Monday, September 18, 2017 10:03 AM

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Rent ONLY 2% of Restaurant Revenue-Earning $500,000 per year

A Long Island Iconic Sea Food Restaurant is for sale with revenue of $3.5 Million. This restaurant is highly profitable for they have very low overhead as their rent is ONLY 3% of sales. They have a Long Term Lease of 15 years and have been a Landmark in their community for a long time. In addition to their busy restaurant their full liquor bar is routinely packed with customers at this award winning sea food restaurant. If you have been looking for an establishment that has a Priceless Reputation, has rent of only 3% of sales, has revenue of $3.3m, earns $500,000 and is PRICED REASONABLY then please refer to listing number 13053.
Price: $1,399,000
Revenue: $3,500,000
Cash Flow: $500,000
FFE: $750,000

Call Joe or Alex at 516-626-2211

• Location: Long Island

• Post ID: 127694313 newyork

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