Restaurant - Prime Location
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1200000
Net Profit / Cash Flow $235000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 10 - 19
Inventory 15000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training The owner is willing to provide a reasonable amount of training and support.
Reason for Sale The owner wants to focus on his primary business.
Description The owner at this restaurant takes home over $235,000 per year on $1,200,000 gross. Lunch at this restaurant is healthy, fast and affordable food prepared for a busy professional or a student with a budget and limited time to enjoy their lunch. The dinner menu is directed towards fine dining with a slower paced atmosphere, emphasizing upscale food in a sophisticated manner while keeping prices ''neighborhood friendly''. Since the business is located near a major medical complex with affiliations with major Universities in the area, the business serves the students, physicians, medical staff in the area as well as the local residents. Wine and liquor make up 30% of the restaurant's volume. Contact for more information on this Restaurant for sale.
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