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- RE: Long Island Burger Restaurant (#22676)
- Contact: Ziggy Marszalek
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $478,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $66,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 7 | |
BBN Listing #: | 984368 | |
Broker Reference #: | 22676 |
Business Overview:
A family-owned restaurant business has a rich history dating back to its the family owning restaurants since 1933. Over the years, it has operated restaurants in multiple locations, including Austin Boulevard in Island Park, Main Street, and Woodcleft Avenue in Freeport, before opening this current location in 2014. Known for its iconic "Special Burger" and nearly 20 other burger varieties, the restaurant has become a beloved fixture in its community. The menu extends to chili, sandwiches, hot dogs, wings, tenderloins, Philly cheese steaks, fish & chips, fries, salads, and milkshakes, catering to a wide range of tastes.
Key Business Benefits. This restaurant offers numerous advantages for a potential buyer, including:
- Established Reputation: A family-run operation with strong brand recognition in the local community.
- Diverse Menu Options: Over 20 burger varieties, along with a wide range of other food and drink offerings, including kid’s meals.
- Extensive Delivery Reach: In-house delivery and partnerships with GrubHub, UberEats, and DoorDash expand its service area significantly.
- Modern Digital Presence: A dedicated website and mobile app powered by owner.com enable easy online ordering for customers.
- Loyal Customer Base: A robust database of approximately 5,000 customer contacts for targeted marketing and engagement.
Benefits of Owning the Business: This restaurant's combination of historical significance, loyal customer base, and diverse menu options makes it an appealing investment. Its established delivery infrastructure, supported by in-house services and third-party platforms, ensures a steady revenue stream. The digital presence through a website and mobile app provides seamless access to customers, enhancing convenience and sales opportunities. Additionally, the large customer database offers untapped potential for loyalty programs and promotional campaigns.
Reason for Sale: The owners are ready to transition this successful restaurant to a new owner. This is an opportunity to acquire a well-loved, turnkey operation with decades of goodwill, established systems, and potential for further growth in both local and surrounding communities.
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Property Features and Assets:
Monthly Rent: $4,067
Market Competition and Expansion:
Ask broker for details.
Reason for Selling:
Other business interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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