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Profitable Seafood Restaurant Partnership
Location: United States -> New York
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

The hard part is done! This restaurant is established and profitable. The current owner is looking for a partner to share both the workload and the profits of this seafood restaurant. Yearly revenue for this business has hovered around $1.5 million for the past few years.
A majority of the capital invested into this partnership will be used for a renovation that will both modernize and rearrange the layout to greatly increased revenues. The ideal candidate for this opportunity would have chef or management experience and investment capital of $150K-$200K.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,500,000
Cash Flow:   $200,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  No

About The Business

Year Established:  1991
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  partnership desired

Photos

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Profitable Seafood Restaurant Partnership Photo 1




Print Listing Id: 700258232
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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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