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Business for Sale Summary

Well-Reviewed Cheesesteak Rest. for Sale in NY - 35381

Business Type: delicatessen/catering services,other eating & drinking places,restaurant/ cafes/ diners,seller financing available,fast food franchise
Well-Reviewed Cheesesteak Rest. for Sale in NY
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This business has received 127 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $165,000
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

$165,000 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 $180,000, 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. 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.

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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.