Soho Restaurant
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $1100000
Net Profit / Cash Flow $189300
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 10 - 19
Inventory 350000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Two weeks.
Reason for Sale Tough business, too many hours.
Description Soho area gem of a restaurant (Beer and wine license) with terrific food and concepts. Exceptional lease, (in Soho. Rents go for $250 to $350 sq. ft.) This site rent is only $90000 sq. ft, new owner can save over $2,600,000 - In rent alone over next 6 years (+option years). Plenty of patrons early on weekends. Menu is varied with good breakfast menu. Avg. dish check about $12.00 Menu for bay varies. Has very preparatation -salads, pizza crepes, sandwiches, coffees, various types, smoothies and deserts are all big sales. Beer, wine all day. Plenty of profit here. Contact for more information on this Restaurant for sale.
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