Restaurant & Catering Business For Sale
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1832000
Net Profit / Cash Flow $422500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Personal.
Description Outstanding up scale restaurant located in beautiful village type area. This 6,000 square ft restaurant is very organized and super clean. It seat 140 inside plus outside seating. There sales are 2 million with a strong solid impressive cash flow. All interested buyers must send broker proof of funds. Note all stated sales are reported come examine there tax returns. Buying this business is a easy decision as every thing is in black and white. This listing is a true blue real gem so look no further. This listing offers a multi level dining and offers a super water view. Rent is only $8,000 per month. Seller will transfer 7 year lease with no increase plus a 5 year option 12 years. This restaurant offers a traditional menu as well as a organic and gluten free and has been rated a top notch restaurant. There also do catering 85 percent on premise and 15 percent off premise with lots of room to greatly expand there off premise catering with more marketing and advertising. This restaurant is known & well liked and enjoyed for its great food, super service and fabulous water views. They offer live music on there out door balcony seasonally. One partner can stay on for a smooth transition and training for salary. This great place has full security camera equipment in place as well as a full point of sale system. Inside you will find several dining areas some with fire places,full prep basement ,large kitchen,upstairs prep area,outside bar,inside bar,full liquor room,office, stock room and to much to list must see! Contact Jim Aloi for more information on this restaurant & catering business for sale.
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