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Business for Sale Summary

Fast Food Restaurant in Queens County, NY - 33001

Business Type: catering and event planning,restaurant/ cafes/ diners
Fast Food Restaurant in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $315,000 Down Payment $315,000
Gross Revenues $420,000 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View

Financing

$315,000 Down and

Business Description

Very cool Latin-fusion fast food restaurant with a very homey menu is up for sale. Business generates 20% of its revenue from catering and 30% from deliveries. Dine-in customers generate about 50% of the revenue. Restaurant has a beer & wine license, customers rave about the sangria's at this joint. A new owner can increase revenue by applying for a liquor license and extending days from 6 to 7 days. This restaurant has a great reputation and generates a very healthy cash flow. Owner has some very unique catering connections that can also help provide extra cash flow. The seller is a very talented restaurateur and will help train a new owner. Rent is $7,500/month. Owner is selling to pursue other business interests.

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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.