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Hempstead, NY, 11040 | $450,000
For Sale: Thriving Restaurant in Nassau County, NY. Step into a prime opportunity to own a thriving restaurant and bar in the heart of Nassau County’s bustling dining scene. This well-established business is known for its loyal customer base, exceptional food, and inviting atmosphere. Whether you're an experienced restaurateur or an investor seeking a profitable turnkey business, this is the perfect chance to capitalize on an already successful venture. Key Features: `Prime Location: Located in a high-traffic area with excellent visibility and ample parking, this restaurant enjoys a steady flow of customers from the local community and beyond. `Proven Success: With years of operation and a strong reputation for quality, this restaurant boasts a dedicated customer base and consistent profitability. `Fully Equipped: The sale includes all necessary fixtures, furniture, and equipment, so you can start operations immediately with minimal setup. `Diverse Menu: Offering a wide-ranging menu that appeals to all tastes, the restaurant is a favorite for locals and visitors alike. `Liquor License Included: The full bar, complete with a valid liquor license, provides an additional revenue stream and enhances the overall customer experience. `Spacious Layout: Featuring a large dining area, a fully stocked bar, and a fully equipped kitchen, the space is ideal for both casual dining and private events. `Benefits of Ownership: `Immediate Cash Flow: Step into a business that's already profitable from day one, with an established and loyal clientele. `Growth Potential: Expand business hours, introduce catering services, or increase marketing efforts to attract new customers and drive growth. `Community Support: Situated in a bustling, family-friendly community, this business enjoys strong local support and a dedicated customer base. This is a rare opportunity to acquire a thriving restaurant in one of Nassau County’s most desirable locations. With a strong history of success, fully operational setup, and plenty of room for growth, this business is ready for the next owner to continue its legacy
Features
- Property Type: Business Opportunity
- Construction: Stucco
- Utilities: Cable Connected, Electricity Connected, Water Connected
- Heating: Electric
- Cooling: Central Air
- Units: 1
- Year Built: 1981
- Est. Taxes: $0
- MLS#: 803296
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/803296/_hempstead_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Hempstead, NY, 11040
$450,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,335 | $2,305 | $2,989 |
| Total Monthly Payment | $2,410 | $2,380 | $3,064 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535