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Business for Sale Summary

Restaurant & Cafe - 24963

Business Type: retailing businesses,delicatessen/catering services,health/beauty/nutrition supply,nutrition & health food,other eating & drinking places,other food stores,restaurant/ cafes,special situations,new to market
Restaurant & Cafe
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Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $165,000
Gross Revenues $182,500 Lease Remaining Register Free to View
Owner’s Cash Flow $22,194 Number of FT Employees Register Free to View

Financing

$165,000 Down and TBD

Business Description

This newly-built juice, bar, wraps, and breakfast business is located in a busy strip mall, on long Island, which also has a nationally-known gym franchise in it. Due to this gym, the mall stays crowded, which gives a chance to gym-goers, to have the nutritional juices, and foods as they finish their exercises. The seller, along with two other partners, had decided to open this business last year. They waited many months to acquire the required licenses. About two months ago, the business was initiated with a great start, with an awesome interior design, along with the seating arrangements. Bad luck to the seller, as the partners, who were experienced in this kind of business, left the seller alone. The seller owns another pizza business in Manhattan for twenty-five years; therefore, he is unable to run this one. The business is profitable; the seller is only asking the money he spent on new equipments, etc. The business is at one of the best locations.

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.