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Soho Restaurant
Location: United States -> New York -> New York City Area -> New York City
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Soho area gem of a restaurant (Beer and wine license) with terrific food and concepts. Exceptional lease, (in Soho. Rents go for $250 to $350 sq. ft.) This site rent is only $90000 sq. ft, new owner can save over $2,600,000 - In rent alone over next 6 years (+option years). Plenty of patrons early on weekends. Menu is varied with good breakfast menu. Avg. dish check about $12.00 Menu for bay varies. Has very preparatation -salads, pizza crepes, sandwiches, coffees, various types, smoothies and deserts are all big sales. Beer, wine all day. Plenty of profit here. Contact for more information on this Restaurant for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,100,000
Cash Flow:   $189,300
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $350,000
Seller Financing:  Yes

About The Business

Year Established:  2004
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Two weeks.
Reason For Selling:  Tough business, too many hours.




Print Listing Id: 70079380
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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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