Well Reviewed Cheesesteak Rest. for Sale in NY - 35381 Business Type: delicatessen/catering services,must sell/drastic price reduction!,other eating & drinking places,restaurant/ cafes/ diners,fast food franchise
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $105,000 | Down Payment | $105,000 |
Gross Revenues | $650,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $135,000 | Number of FT Employees | Register Free to View |
Financing
$105,000 Down and
Business Description
Highly esteemed and remarkably profitable cheesesteak establishment boasting $650,000 in sales!
The owner, a seasoned restaurateur with a 50-year track record of success, consistently earns profits ranging from $11,000 to $12,000 per month.
Despite its thriving status, the owner is selling due to health concerns, presenting an outstanding opportunity for someone looking to venture into the restaurant industry and elevate the business to new heights.
The store itself is available for $105,000 excluding the brand name. For those interested in retaining the established name, an additional $20,000 is required.
Prior to health issues, the owner was enjoying weekly earnings exceeding $4,000, all of which are meticulously documented and verifiable.
(Cash flow / revenue is representative of 7 day week, whereas the restaurant was open 7 days a week, however just recently due to health issues the seller just went down to THR FRI SAT SUN only.)
Don't miss out on the chance to indulge in a delicious cheesesteak while exploring this promising opportunity! For further information, please contact listing broker Brian Bernstein at 929-969-0007.
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.
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.
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