Diner - Restaurant $265k NET For Sale Near Train - HUGE UPSIDE

New york (Nassau)

  • Listing Number: 12187
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Description

Location Location Location!  Newly renovated, extremely clean Nassau County Diner-Restaurant in an upscale blue collar neighborhood finally for sale.  25  Years of loyal customer support patronizing this corner establishment  for breakfast, lunch and dinner. This restaurant is part of a mixed use building on a corner cap with great curb appeal. Prime location that attracts customers from all over Nassau county. There are many popular retail stores, restaurants and businesses on the block, including a great movie theater that is great for dinner sales. Just walking distance from the LIRR.  
 
 
The location, layout, and current design can be suitable for many different cuisines, if a diner is not what you're looking for. 3300 square feet of space plus a full basement. It currently seats 115 people including a rear dining room that can be closed for private parties of up to 50 people.
Rent is $30/sq ft NNN.  INTERESTED IN THE PROPERTY? CALL ME 516-779-8900
$8,000/month plus property taxes which brings it to $10,000/month(UNDER MARKET psf) Option to purchase property for $2,250,000 for qualified buyers only.  Property consists of the diner, 3 other retail stores and a 2 bedroom apartment.  Please inquire www.eastcoastbusinessbrokers.com/register or call-text Henry Galasso 516-779-8900

Property Information

  • Listing Number: 12187
  • Business Type: Established Businesses
  • Business Category: Diners
  • State: New york
  • County: Nassau

Financial Information

  • Asking Price:$645,000
  • Gross Income:$1,600,000
  • Cash Flow:$265,000
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Listing Agent

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Henry Galasso

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Disclaimer

The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

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