Country:

USA

State or Province:

NY

City:

hampton bays

Location Zip or Postal Code:

11946

Service Type:

Sit-Down Table Service

Title of Listing:

restaurant for lease

Year Established:

1987

Number of Locations:

1

Number of Seats:

51-150

Size:

3,000 square feet including basement, Square Feet

Patio:

Yes

Number of Employees:

11-50

Hours of Operation:

lunch/dinner thursday thru sunday open 3pm tuesdays closed temporarily on monday and wednesday

Growth or Expansion Opportunities:

there is a small outside area that could be used for outdoor tables

Reason for Selling:

retirerment

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Website:

gatorshb.com

Asking Price:

$279,000.00

Gross Revenue:

1-2 million annually

Gross Revenue Range:

$1,000,000+

EBITDA Range:

$100,000-$300,000

SDE Range:

$100,000-$300,000

FF&E Value (Furniture Fixtures and Equipment):

100k

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Estimated Value:

$25k

Inventory Value included in price?:

Yes

Vendor Financing Available:

Yes

Asset or Share Sale:

Flexible

Real Estate Owned or Leased:

Real Estate Owned

Total Monthly Rent:

$6k

Financial Comments (include any Financing information that may be useful):

owner willing to hold some paper and provide a flexible 10 year lease.