942 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
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
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Melvin L. Vaz
Email Address