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Asking Price$125,000
Revenue$915,000 EstablishedUndisclosed
Cash Flow$0 Employees5 full, 4 part
FF&E$150,000 FranchiseNo
Inventory$90,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
***HUGE PRICE REDUCTION*** Fantastic French Restaurant located in an affluent Brooklyn Neighborhood. NOT BEING SOLD BASED ON FINANCIALS! The current owner has been running this operation on an absentee basis. It is a beautiful 1,500 sq. ft. location with seating for 90 (50 in the dining room and 40 in the lounge area). THIS IS A FANTASTIC LOCATION!. The concept can be kept as is or converted to a different cuisine. There are 6 yrs. left on the current lease at $10,050/mth. They have a liquor license for champagne, beer & wine. They also have a basement with a walk-in box. In the past year the gross sales were approx. $915,000.00, but the store is operating at a break even due to the current management structure. Inventory is approx. $90K and INCLUDED in the asking price. We are seeking a serious and financially qualified buyer with some restaurant experience and at least $185K in liquid funds to cover the asking price and 3 months rent security. Please call 1-877-735-5224 for further information.
Training/Support:The seller will train the new owner.
Seller Financing:125,000.00 Down & None.
Sale Reason:Owns another business
Ad #81420
Seller Reference #28338
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Contact This Seller
Melvin L. Vaz
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