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Asking Price$275,000
Revenue$1,250,000 EstablishedUndisclosed
Cash Flow$250,000 Employees10 full, 1 part
FF&EUndisclosed FranchiseNo
Inventory$110,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Long Established East end High End Restaurant with veryhigh end expensive wine list wines range for $40 to $1000 per bottle. Half of the sales are wine and liquor very profitable!Note present sell does a lot of cooking and bartender him self,new buyer maynet less income if adds help.Present seller nets over $250kseller wants to retire and travels 4 hours a day to get up and back to work.7 year lease in place with possible option landlord requires2 year personal guarantee on lease. Note in addition to the $150,000 down neededbuyer will need about $100k to stock the same amount of wines as seller.This rustic 60 year old updated restaurant is known for its burgers,dumplings, fish & steaksand wines. Very Niche super money maker.Full basementincluded.Seller will train for 30 days or longer for a salary.Restaurant and bar seats about 90.Note buyer should have about $300k liquid cash Solid all year business how ever January & February seller only opens 5 days per week Please call 1-877-735-5224 for further information and to speak to the broker.  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:$150,000.00 Down and $125,000 for 5 years @ 7%
Sale Reason:Other Interest
Ad #81509
Seller Reference #28340
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Jim Aloi
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