Growing Chain Of Cozy, Neighbrohood Nyc Rest.
www.GlobalBX.com
Listing ID:
700248662
Listing Title:
Growing Chain Of Cozy, Neighbrohood Nyc Rest.
Quick Link:
http://www.globalbx.com/listing.asp?bId=248662
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Area
City:
Asking Price Range:
$5.0M - $10.0M
Gross Revenues:
$11,680,238
Cash Flow:
$1,309,669
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1996
Number of Employees:
100 - 200
Business Description:
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.
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