Popular European Restaurant Opportunity
Location:
United States
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New York
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New York City Area
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Queens County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
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.
Financials
Asking Price Range: < $250K
Gross Revenues:
$220,000
Cash Flow:
$49,204
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 2002
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks training at no cost.
Reason For Selling: Owner looking to leave industry.
Click on the "Contact Seller" button for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700136504
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