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#Business ID: 17997

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Historical 100 Yr Old Restaurant On Long Island's East End

Business Location: Suffolk, New York, United States

Asking Price: $ 225,000 Revenue: $ 350,000 Cash Flow: $ 100,000

Business Summary

Asking Price: $225,000
Gross Income: $350,000
Cash Flow: $100,000
EBITDA: N/A
FF&E: $125,000
Inventory: $5,000
Real Estate: N/A
Established: 2008
Employees: 6

Business Description
This is a great opportunity for anyone with successful restaurant aspirations. Beautifully decorated interior, this Bistro was visited regularly by Ernest Hemingway and Albert Einstein en route to their East End mansions. Years ago there was a railroad depot across the street.
Spotless kitchen and the latest equipment including huge walk in cooler and large sheds for storage. The owner has a terrific gourmet background and is the fourth generation of restauranteurs in his family. New owner must be approved by landlord.

Historical Summary: 100 years old. Visited by countless dignitaries over the years.

Detailed Information
Inventory: Included in asking price

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Competition: None

Growth & Expansion: Huge potential increases if new owner does take-out. Also with a regular advertising campaign, sales volume can be increased substantially.

Financing: Seller will consider

Support & Training: 2-4 Weeks

Reason for Selling: Other Business Interests

Property Details

Property Type:

Lease

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