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Illness Forces Sale of Landmark Million Dollar LI Restaurant
Listing Number: 12980

Location: Long Island, NY
Asking: $499,000
Gross: $2,200,000
Cash Flow: $300,000

Summary Description:

  Must Sell due to illness. This highly profitable, loved restaurant and catering facility with $300,000 in Earnings and Sales of over $2.2 Million is priced aggressively for immediate sale at $499,000. Located in a very busy, dense, well to do community, this beloved restaurant is a staple in the community with many loyal, repeat customers. With a large bar, private party room and ample high-volume parking, it is perfect for dining out with family as well as for community and corporate events. There is a long-term lease in place and quite a few holiday parties already booked. This is a turnkey opportunity with everything in place including a well-trained staff and an ownership that will ensure a smooth transition. If your dream is to operate a busy, successful restaurant then this one is for you. Please ask for listing #12980 when inquiring about this opportunity.

Contact Information:

Contact: Elaine Iucci, Buyer Coordinator
Phone: 516-626-2211
Email: buyerdept@kensingtoncompany.com

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The Kensington Company. - 185 Roslyn Road, Roslyn Heights, NY 11577

Phone:(516) 626-2211 - Fax: (516) 626-2381

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