Restaurant - Prime Location
Location:
United States
->
New York
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
The owner at this restaurant takes home over $235,000 per year on $1,200,000 gross. Lunch at this restaurant is healthy, fast and affordable food prepared for a busy professional or a student with a budget and limited time to enjoy their lunch. The dinner menu is directed towards fine dining with a slower paced atmosphere, emphasizing upscale food in a sophisticated manner while keeping prices ''neighborhood friendly''. Since the business is located near a major medical complex with affiliations with major Universities in the area, the business serves the students, physicians, medical staff in the area as well as the local residents. Wine and liquor make up 30% of the restaurant's volume. Contact for more information on this Restaurant for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,200,000
Cash Flow:
$235,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $15,000
Seller Financing: Yes
About The Business
Year Established: 2006
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The owner is willing to provide a reasonable amount of training and support.
Reason For Selling: The owner wants to focus on his primary business.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70062847
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