Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

U-Turn Vending Franchise Opportunity

Papa Murphys Pizza Franchise Opportunity

Woodys Bar-B-Q Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Restaurant & Catering With Property
Location: United States -> New York -> Westchester County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

A special opportunity to acquire an upscale restaurant in Westchester County with property and rental income. A large portion of this restaurant's income is generated from Catered events in the beautiful dining area and outdoor dining area. The owner's home is also located on the property and is included in the sale. All of the living expense of running the home is absorbed into the restaurant's P&L so the owner truly lives with no living expenses and has a restaurant producing over $400,000 in earnings.

The owner of the restaurant has always lived on this beautiful property, but the home is zoned commercially and can be converted to professional offices such as law or accounting offices, offering an owner more rental income. The restaurant has short hours, is closed 1 day a week and is only open for dinner, except for private parties. There is also an additional rented apartment above the restaurant. The grounds are beautiful and offer the opportunity for an owner to expand into larger catered affairs.

This is a cash flow machine with property and the ability to expand. If you are looking for a profitable restaurant in an affluent neighborhood with the added bonus of living expense free with no commute, this may be the perfect business for you. Contact about listing number #11994.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,600,000
Cash Flow:   $400,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1996
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

Photos

View Larger Photo(s) Of Business
Restaurant & Catering With Property Photo 1




Print Listing Id: 700227816
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


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



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700227816
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.