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Business for Sale Summary

Healthy QSR and Juice Bar for Sale in Manhattan - 26587

Business Type: delicatessen/catering services,health/beauty/nutrition supply,nutrition & health food,other eating & drinking places,other food stores,green businesses,seller financing available,restaurant/ cafes/ diners
Owner Financing
Healthy QSR and Juice Bar for Sale in Manhattan
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This business has received 165 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $630,000 Down Payment $630,000
Gross Revenues $2,080,000 Lease Remaining Register Free to View
Owner’s Cash Flow $500,000 Number of FT Employees Register Free to View

Financing

$630,000 Down and Please make your best all down offer!

Business Description

Located in the heart of one of Manhattan's most vibrant neighborhoods, this Healthy Restaurant and Juice Bar is just 1 of 4 locations for sale, all of which were operating successfully prior to the Covid-19 pandemic and are expected to bounce right back due to their emphasis on pick-up and delivery. Please see listings 26583, 26584 and 26588 for their specifics. The residential building that houses this location got shut down a year or so ago by the NYC Department of Buildings due to a gas leak, which eventually led to all of its pipes having to be replaced. The financials represented here are from when this business was fully operational. Doors were to re-open once new meters were installed and then the pandemic hit. Major upgrades were made to the facility. The sellers have reduced the ask from $1.15M down to $630K to reflect the effects of having been closed for the above reasons You may operate under the chain's brand name or re-purpose the location to implement your own concept. The owners will entertain the sale of individual stores or all of them as a package. 55% of the business is delivered through the likes of GrubHub/Seamless and UberEats, 30% is paid in-store by credit cards, and 15% is in cash. There are 10 years left on the lease. Rent is only $13,200/month for 800 square feet at street level and 1,200 in the basement. The owners have assembled a great team of employees, who run this and their other stores with only moderate supervision. Please do not say anything to the employees and customers when visiting a location, as they do not know it is for sale. Then, contact the listing broker, Jay Goldman, to make an appointment to speak with the sellers and get a full tour of the facilities. Mr. Goldman can be reached at jaygoldman@vestedbb.com. Please first go to www.vestedbb.com to become a free registered buyer under listing 26587, if you are new to Vested Business Brokers. 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.

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.