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Popular European Restaurant Opportunity
Location: United States -> New York -> New York City Area -> Queens County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Located 8 years in the same location, the restaurant serves lunch and dinner to a mostly European crowd. Popular with the local clientele for many years, the owner is ready to try different things. Landlord will give a new lease and may be negotiable on the rent. The dining room seat 40 people and has a small bar. There is room to make a larger bar or even remodel the dining room inexpensively and keep the concept or even change it with the look. The large kitchen can handle any type of cuisine and any volume. This one is a diamond in the rough, waiting for a motivated owner to give it new life. Perfect for a chef-owner.

Asking: $129,000. Contact for more information on this restaurant for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $220,000
Cash Flow:   $49,204
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2002
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks training at no cost.
Reason For Selling:  Owner looking to leave industry.




Print Listing Id: 700136504
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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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