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Asking Price$215,000
Revenue$780,000 EstablishedUndisclosed
Cash Flow$135,000 Employees5 full, 5 part
FF&E$150,000 FranchiseNo
Inventory$2,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Gorgeous French Bistro for sale. *PRICE REDUCED* This spot offers lunch, brunch and dinner in a cozy, warm setting. The space is 1,700 sq. ft., with a basement and outdoor seating. They offer seating for 35 inside, plus five at the bar (with full liquor license until midnight). They also have a legal permit for outdoor seating. The owner acts only as a manager, as the business is fully-staffed. Payroll is currently $4,000/week. In the past year, the business grossed approx. $780,000.00, with a net cash flow of approx. $135,000.00. There are 5 years left on the current lease, at a rent of $10,866/month with 3.5% increases. A lease extension may be granted to a qualified buyer. The business is being sold for personal, family reasons. This business is ideal for any restaurateur, but an owner/operator, who is also a chef, can reduce payroll significantly. We are seeking a serious and financially-qualified buyer with at least $215K in liquid funds to cover the downpayment and $27,600 rent security deposit. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
Training/Support:Yes
Sale Reason:Personal reasons.
Ad #104138
Seller Reference #29754
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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