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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Kosher Steak Restaurant & Bar For Sale

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $750000
Net Profit / Cash Flow  $168345
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2003
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Other interests.
Description  This is a very profitable Glatt Kosher Steak Restaurant and Bar for sale in an affluent Nassau County neighborhood. Over the past 5 years, this restaurant has had impressive growth, becoming one of the destination restaurants while building a solid and loyal customer base. Currently this business is run on a 5 days a week basis, closed Fridays and Saturdays. This restaurant serves one meal a day, namely dinner from 6PM to 10PM, and in total is open for about 245 days a year. Despite that, its sales and profits have achieved very impressive levels, generating over $160,000 in owners discretionary cash flow. The restaurant accommodates around 100 guests and can seat 125 people for private parties. A liquor bar, and a beautiful setting make this a pleasant environment for family dining, business meetings and all sorts of occasions. A great opportunity exists for a new owner to make this restaurant even more successful by adding a lunch menu as well as opening the restaurant for more days during the week/year. The owner of this restaurant will also have the first right of refusal to buy the building, should it become available for sale. If you ever wanted to own a high-end steak restaurant in an excellent and busy location, with great profits and excellent opportunities, do not miss out on this one.
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