Beautiful Restaurant In Great Location
Location New York,United States
Asking Price Range < $250K
Gross Revenues $625000
Net Profit / Cash Flow $203564
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1989
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Beautiful Restaurant for sale in great location with liquor license. Loyal clientele, well
established with employees in place that run the business. The current owner has another business and runs this one semi absentee. The owner has no kitchen experience and if he had the time would eliminate the manager which would increase the cash flow by $75,000 alone. Liquor accounts for 20% of sales which are between $11,000 and $13,500 a week. This is real opportunity to own a profitable restaurant that has room to grow especially with catering (because of the current owners business obligations it is untapped). New air conditioner/heat and new fridges. Friday and Saturdays serve 125 to 150 dinners each day.
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