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Business for Sale

Absentee Owned Restaurant and Bar in New York
New York County, NY

Listing #36051

   
Financial Information (non-confidential)
Asking Price $700,000.00 Gross Revenues $220,000.00
Down Payment $700,000.00 Owner’s Cash Flow $32,000.00

Financing: $700,000.00 Down and

Reason for Selling:

An absentee-owned business has achieved remarkable growth in its first month of operation. Projections for the upcoming 12 months indicate a gross income of $2.5 million with a cash flow of $350,000. This thriving restaurant is strategically situated in the heart of New York County, benefiting from substantial foot traffic throughout the day, serving breakfast, lunch, and dinner. With the capacity to comfortably accommodate 40 guests indoors and an additional 24 outside, this establishment features a full bar and boasts a stylish interior design that can be easily replicated. Recent upgrades include the installation of new bar equipment, a state-of-the-art AC system, and top-of-the-line kitchen equipment. While this location is relatively new, it holds tremendous potential for growth and success.

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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.
Vested Corporate
Senior Business Broker
877-735-5224
corporate@vestedbb.com
Servicing Area:
Vested Corporate

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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