Popular European Restaurant Opportunity
Location New York,United States
Asking Price Range < $250K
Gross Revenues $220000
Net Profit / Cash Flow $49204
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks training at no cost.
Reason for Sale Owner looking to leave industry.
Description Located 8 years in the same location, the restaurant serves lunch and dinner to a mostly European crowd. Popular with the local clientele for many years, the owner is ready to try different things. Landlord will give a new lease and may be negotiable on the rent. The dining room seat 40 people and has a small bar. There is room to make a larger bar or even remodel the dining room inexpensively and keep the concept or even change it with the look. The large kitchen can handle any type of cuisine and any volume. This one is a diamond in the rough, waiting for a motivated owner to give it new life. Perfect for a chef-owner.
Asking: $129,000. Contact for more information on this restaurant for sale.
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