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Successful Restaurant, Desirable Upper West Side Corner
Location: United States -> New York -> New York City Area -> Manhattan
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Full Service restaurant for sale, currently operating, well established. Heart of the Upper West Side on a highly visible corner. Several boutique hotels and excellent shopping bring tourists and locals to the area. 2,000 square feet ground floor with cook line for cook-to-order; 2,000 square foot basement with full legal kitchen. Extensive refrigeration, storage, etc. Full liquor license. Hi visibility on a very good corner. 10 years remaining on lease. Excellent dinner and late night action. Steady daytime business. Room in kitchen for catering operation. Take-out and delivery hugely popular here, at all price points! Fully equipped and well maintained. Everything up to code. 100 seats as currently configured. Business is known and successful, but owner has health issues. Requires experienced operator with trend-forward concept to reap the full value of this excellent location. Priced for asset sale, rather than sale of the full business. Asking $300K.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $2,800,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1994
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Orientation for experienced qualified operator.
Reason For Selling:  Health and age.




Print Listing Id: 700131440
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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