Absentee Owned Restaurant and Bar in New York - 36051 Business Type: absentee business,delicatessen/catering services,other eating & drinking places,other food stores,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $700,000 | Down Payment | $700,000 |
| Gross Revenues | $220,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $32,000 | Number of FT Employees | Register Free to View |
Financing
$700,000 Down and
Business Description
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. For more details, please contact the broker, Pietro Siciliano, at 914-760-5744.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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.
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