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Growing Chain Of Cozy, Neighbrohood Nyc Rest.
Location: United States
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This four-store group of neighborhood restaurants/cafes is 20 years old and still growing. It is a very strong local brand because every location is a warm, welcoming place to gather with friends, family or business associates. The coffee and breakfast menu are great in the morning and they feature wine and craft beers to go with lunch and dinner or to help unwind at the end of the day. It is that rare type of restaurant that is busy from breakfast through dinner. Weekend Brunches are consistently busy with lines that run down the block. The staff is friendly and helpful and the food is the highest quality, plentiful and fairly priced.

Store sizes run from 1,000 to 2,100 square feet. They also have a corporate catering division with some prestigious local clients.

This is a concept that can be expanded to additional locations in Manhattan and around the USA as corporate-owned stores or it can be developed into a franchise.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $11,680,238
Cash Flow:   $1,309,669
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,400,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1996
Number of Employees:  100 - 200
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  retiring

Photos

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Growing Chain Of Cozy, Neighbrohood Nyc Rest. Photo 1




Print Listing Id: 700248662
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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

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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