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Restaurant Catering
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1832000
Net Profit / Cash Flow $422500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1993
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller Will train
Reason for Sale Personal
Description This outstanding, up scale restaurant is located in a beautiful village type area. This 6000 square foot restaurant is very organized and super clean. It seats 140 inside in the multi level dining area plus outside seating with a great view of the water and seasonal live entertainment. This restaurant offers a traditional menu as well as an organic and gluten free menu and has been rated as a top notch restaurant. They do catering 85% on premise and 15% off premise with a great opportunity to expand their off premise catering with more marketing and advertising. Their sales are two million with a strong and impressive cash flow. All interested buyers MUST SEND BROKER PROOF OF FUNDS. Rent is only $8k per month. The seller will transfer 7 year lease with no increase plus a 5 year option 12 years. One partner can stay on for a smooth transition and training for salary. This great place has full security camera equipment 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 too much to list! Contact broker Jim Aloi for details. Both partners presently cook a half a week each only. *NOTE: all stated sales are reported come examine there tax returns.
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