Charming Restaurant For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $650000
Net Profit / Cash Flow $190772
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Owner is retiring.
Description New York Times 4 Star Rated Restaurant for sale, located in charming highly sought after business district. Highly scalable, clientele is attracted from Manhattan to Montauk. Menu features American Country Cuisine. Chef trained in Europe and is willing to stay on to make transition smooth. Full bar seats 12, with 2 very personal bartenders. Restaurant does a large amount of catering for Showers and Christenings. Business is broken into 3 separate rooms for private parties. Can also be used for other business ventures, such as bakery. Apartment upstairs brings in rental income. Property must purchased with business for a total of $1,100,000.-
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