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Asking Price$550,000
Revenue$1,408,471 Established2006
Cash Flow$224,133 Employees6 full, 2 part
FF&E$300,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Gorgeous Award Winning Restaurant. For the past 6 years, this hot spot has been attracting crowds with their authentic, inspired cuisine, impeccable service and festive atmosphere. Over $2million was spent in the build out, from kitchen to dining room. The 4,800 sf. ft space offers seating for 178, a full bar, and several private dining areas for parties of all sizes. It must be seen to be appreciated. They have a phenomenal, 21 YEARS REMAINING ON THE LEASE with a minimal CPI increase every 2-3 years. 2012 gross sales were reported as $1,408,471.00 on the corporate tax return. An estimated net profit of $224,133.00 can be realized by an owner/operator who stays on top of food cost and labor. That is the buyer we are seeking. A restaurateur with an eye for details and proof of liquid funds. All buyers will be required to sign the seller's NDA prior to receiving the exact address. If you fit the criteria, please call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com
Training/Support:seller will train
Seller Financing:330,000.00 Down & 220,000 for 4 years @ 6 %
Sale Reason:Time Contraints
Ad #51651
Seller Reference #23971
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Contact This Seller
Melvin L. Vaz
1-877-735-5224
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