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Partnership Forces Sale Of Triple AAA Restaurant
Location: United States -> New York -> White Plains
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

If you have been looking for a beautiful State of the Art Restaurant in Lower Westchester County that has 12,000 Square Feet and is GORGEOUS, then your search is over. No dollars were spared in building this landmark location in White Plains with over $2,000,000 spent on it. It is absolutely beautiful and has the potential of doing well over $4,500,000 per year as it has in the past.

The Sellers have a serious Partnership Disagreement and are being forced to sell. Their loss will be the Buyers Gain for this incredible restaurant will be sold for WAY less than the cost to build.

Their location is TOP notch as it is surrounded by tons of commercial office buildings, apartments, and an affluent residential community. Its high traffic location has excellent exposure with tremendous visibility. They have seating for over 300 people in this bi-level restaurant.

The restaurant is operating Absentee and new hands on owner will be able to propel both the sales and the profit of the restaurant. There are a ton of growth opportunities including private parties, catering, corporate sales and deliveries. There is a long term lease of 14 years and the Seller for a qualified buyer will also hold a note. This is truly a diamond in a rough and a very RARE Opportunity. Please refer to listing number 12210 when inquiring about this opportunity.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,500,000
Cash Flow:   $300,000
Cash Flow Type:  EBITDA
Inventory:  $2,200,000
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes

Photos

View Larger Photo(s) Of Business
Partnership Forces Sale Of Triple AAA Restaurant Photo 1




Print Listing Id: 700235673
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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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