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Asking Price$269,000
Revenue$500,000 EstablishedUndisclosed
Cash Flow$80,000 Employees4 full, 4 part
FF&E$50,000 FranchiseNo
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great opportunity to purchase this fifty seven year old restaurant that is located in a historic Hudson Valley town in Orange County, New York. Current ownership has been there for eleven years and maintains an excellent menu with unique daily specials combined with equally excellent service. The restaurant is over two thousand square feet and seats fifty. The decor is rich and traditional and offers a highly welcoming atmosphere. Upcoming town renovation calls for an entire side street to be permanently closed and set aside for al fresco dining for the restaurants on that street and this restaurant is the cornerstone for this project. A major governmental center currently under renovation will be reopening and will greatly increase business in the near future. The restaurant is open for breakfast and lunch and doing a tremendous volume. If new ownership opens for dinner, volume would certainly double.  A chef owner will also be able to increase profits by $ 35-$40K. Financing terms are available. Please call 1-877-735-5224 for further information.  Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:236,000.00 Down & $33,000 at 8% over 60 Months
Sale Reason:Selling due to other interests.
Ad #77431
Seller Reference #27692
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Joseph Fienga
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