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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.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Outstanding Buffet Restaurant

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $650000
Net Profit / Cash Flow  $137100
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1994
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned
Reason for Sale  Owner is relocating.
Description  This nicely-placed buffet restaurant for sale is located in the heart of one of the most crowded neighborhoods in Queens. Its size is 5,300 square feet, and its banquet has the capacity to hold 290 people at a time. Its interior design is awesome, and one feels exulted as they eat from the 35 item menu. As the surrounding areas are full of people, food businesses in this area are always on the rise, and its profitability and profit margin are unquestionable. This is a nineteen year old business, and its customers are already well established. As a matter of fact, its banquet hall is already booked for parties over the weekends up until December. The owner is willing to finance as well. Those who are already in the food business must think about buying this business at a bargain price!
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