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Restaurant Cafe For Sale-26651

New York County, New York, United States
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Asking Price$650,000
Revenue$1,779,136 Established1999
Cash Flow$225,000 Employees21 full, 4 part
FF&E$350,000 FranchiseNo
Inventory$25,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
A PROVEN, PROFITABLE BAR/RESTAURANT - Beautiful, contemporary, operation at the center of an exploding growth area of the City. 1000's of new apartments under construction with commercial office and retail business being planned. This restaurant is a proven winner with outstanding growth potential. Revenue have increased 100% in 4 years. Location is outstanding. You can't get a nicer spot than this. Restaurants and shopping near by. Heavy walk-by traffic, high residential and commercial area. 10 years lease with only a 3% yearly increase Walking distance to all the Broadway shows, yet not in the tourist trap areas around the theaters. Locals love the place, as well as the "trend setters". Front outside seating. Busy later in the evening. Beautiful back yard seating for 75 with year round utilization. Seating for 100 inside, bar seating for 20. "A" rating. Only experienced restaurant operators will pass landlord. Proof of funds will be required. 2015 Tax Returns available, reflecting financial representation.

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Training/Support:The seller will train the new owner.
Seller Financing:650,000.00 Down & Seller financing could be available to qualified buyer
Sale Reason:After many years of successful operations, owner wants to cut back workload and enjoy life a little
Ad #73122
Seller Reference #26651
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Contact This Seller
Bryn Jones
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