Country:

USA

State or Province:

NY, AL

City:

montauk

Location Zip or Postal Code:

11954

Service Type:

Sit-Down Table Service

Title of Listing:

montauk restaurant for sale

Year Established:

2015

Number of Locations:

1

Number of Seats:

51-150

Size:

4000, Square Feet

Patio:

Yes

Number of Employees:

11-50

Hours of Operation:

7 days 10am to 10pm

Growth or Expansion Opportunities:

growth opportunity for existing business and the building next door available for expansion

Reason for Selling:

retiring

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Website:

[email protected]

Asking Price:

$900,000

Gross Revenue Range:

$1,000,000+

EBITDA Range:

Over $300,000

SDE Range:

Over $300,000

FF&E Value (Furniture Fixtures and Equipment):

included

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

Yes

Inventory Estimated Value:

$except wine and liquor

Inventory Value included in price?:

Yes

Asset or Share Sale:

Flexible

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

13 years

Total Monthly Rent:

$11,000. all in

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

one building is leased 13 years left, the other building is owned by the restaurant