3479vm Soho Restaurant
New York, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $265,000 |
$1,100,000 |
$189,300 |
Furniture and Fixtures Value:
$350,000 (included in the asking price)
Business Summary:
Soho area gem of a restaurant (Beer and wine license) with terrific food and concepts. Exceptional lease, (in Soho. Rents go for $250 to $350 sq. ft.) This site rent is only $90000 sq. ft, new owner can save over $2,600,000 - In rent alone over next 6 years (+option years). Plenty of patrons early on weekends. Menu is varied with good breakfast menu. Avg. dish check about $12.00 Menu for bay varies. Has very preparatation -salads, pizza crepes, sandwiches, coffees, various types, smoothies and deserts are all big sales. Beer, wine all day. Plenty of profit here.
|
|
| |
|
| |
|
| Year
Business was Established: 2004 |
| |
|
| Number of Employees:
18 |
|
| |
|
| Facilities / Terms of Lease:
Updated restaurant 3,200 sq. ft. Extremely low lease. In Soho (6 yrs +option) ; All equipment like new. |
|
| |
|
| Potential
Growth/Expansion:
Soho is an area where all menu types go - As an entrepreneur new owner can to own concept. Practically insuring continued success. |
|
| |
|
| Competition:
The Soho area of New York is a hot bed for restauranteurs - all do well. This one has the figures to back it up. |
|
| |
|
| Owner
willing to finance:
Owner willing to accept financing for $50,000 payable within two years |
|
| |
|
| Owner
willing to train:
two weeks |
|
| |
|
| Reason for selling:
Tough business, too many hours. |
|
|
|
| REQUEST MORE INFO |
 |
|
