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Business for Sale Summary

Busy Restaurant for Sale in Kings County, NY - 32614

Business Type: delicatessen/catering services,misc. retail/non-classifiable,nutrition & health food,other eating & drinking places,other food stores,restaurant/ cafes/ diners
Busy Restaurant for Sale in Kings County, NY
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This business has received 9 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $149,000 Down Payment $149,000
Gross Revenues $550,000 Lease Remaining Register Free to View
Owner’s Cash Flow $55,000 Number of FT Employees Register Free to View

Financing

$149,000 Down and

Business Description

Quick-service salad bar that serves custom salads, wraps, panini sandwiches, and soup. The business is E2 investor visa qualified. They have a a great location, just one block from a busy subway station in a fast-growing neighborhood of Brooklyn. They are open 7 days (M-Th 11am-10pm, Fri. 11:00 AM - 8:30 PM, Sat. & Sun. 12:00 PM - 8:30 PM). The 650 sq. ft. space offers 18 seats, an open kitchen, plus 400 sq. ft. of basement storage space. The business has been established for 8 years and in the past year gross sales were approx. $550,000.00 with a cash flow of approx. $55,000.00. The seller keeps very good financial records. The business is fully staffed and the current owner runs the business on a part-time basis. There is room for cost cutting, but this location needs an owner/operator to really grow. We are seeking a serious and financially qualified buyer with at least $149K in liquid funds. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.