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Asking Price$300,000
Revenue$341,000 Established2010
Cash FlowUndisclosed Employees4 full-time
FF&E$440,800 FranchiseNo
Inventory$6,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
The business produces over $340,000 yearly gross sales. 20% of the income is liquor sales which represents a substantial mark up and profit for the owner. This Restaurant is known to hold events for non-profit organizations in the local area as well as dependable food and drink. The business is fully equipped as a restaurant-lounge, with a full kitchen, Walk in refrigeration, full bar,Micros POS computer system. This is a rare opportunity to own a profitable business that only requires an updated menu, possible theme change, and solid marketing plan. This business will offer longevity and a sold income for years to come.
Facilities:Located in a prime area of Bronx County, New York. The facility is 1200 square feet with a bar area, seating for 60 customers and an brand new professional commercial kitchen. Includes numerous flat screen TV's and 25k BBQ smoker. The current lease is 5 years at $3,400 per month. The best features of this business are the new furniture, fixtures, and equipment, the brand new build out, and the $25,000 BBQ smoker
Competition:Located across the street from a Police precinct which offers safety and plenty of hungry police patrons. Very rare to find a brand new restaurant in the local area. A Latin restaurant, rather than a Soul food restaurant, would have more potential as the Latin population is the is in the majority .
Training/Support:As much as you need
Sale Reason:Relocating to another state
Ad #26653
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Victor DeJesus
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