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Business for Sale Summary

Restaurant Cafe at Hot Manhattan Location - 27508

Business Type: bar/tavern/night clubs,best deals!,new to market,restaurant/ cafes
Restaurant Cafe at Hot Manhattan Location
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This business has received 105 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $520,000 Down Payment $400,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $260,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and The seller is willing to finance $120K over 12 months at 6%

Business Description

Talk About Hot Locations, this Restaurant Cafe is where it's at! The seller absolutely kills it year round, when customers line up to dine inside or outdoors. He invested $300,000 into upgrades just 3 years ago and it really shows. Rent is below market. The landlord is open to extending the lease. You can grow the business by adding a liquor license to the beer and wine one already in place. Run as an all cash business, you can increase revenues by accepting credit cards. After 12 years of hands-on managing this spot 6 days/week, the seller needs time off to smell the roses and focus on his next chapter. You'll thank him for this once in a lifetime opportunity! Please call 1-877-735-5224 for further information.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.