Restaurant For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $375000
Net Profit / Cash Flow $160628
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Personal.
Description This neighborhood restaurant is in a prime location on a highly trafficked street in an area known for great dining. It is open 7 Days a week. It offers free delivery and live free music on weekends. They have party packages to suit all budgets and catering is very popular. Lunch specials, private parties. Incredible menu includes soups, salads, antipastos, pastas, entree, veal, eggplant, steak as well as fish and side dishes. Plenty of Parking. Gross $8K week with seating for 60 people. Outdoor terrace area can handle up to 25 guests. Very attractive bar area. $3K month rent includes RE Taxes. 12 year lease with 7 years left.
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