NYC 7th Avenue Fast Food
New York, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $85,000 |
$575,000 |
$74,700 |
Furniture and Fixtures Value:
$20,000 (included in the asking price)
Inventory Value:
$20,000 ( not included in the asking price)
Business Summary:
Undervalued lease - $1,500 month savings to a buyer for 6 more years. Security deposit of $27,000 included in purchase price. This entity is a super deal. Inexpensive food cost menu pasta/macaroni + cheese, salads, wraps to hamburgers/fries. Food and beverage cost about 18% extremely busy foot traffic in front of door (7th Avenue) only about 12 feet wide, does the business associated with a 40 foot restaurant store front. Place can be rearranged and improved inside to make it more receptive to customers. With the $27,000 security deposit included brings selling price to less than $100,000 – making it a good return on investment in Manhattan. For further information, please contact 908-851-9040 Ext. 285
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| Year
Business was Established: 2006 |
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| Number of Employees:
8 |
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| Facilities / Terms of Lease:
Small fast food establishment 1,000 sq. ft. with an undervalued lease $1,500 – month savings. |
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| Potential
Growth/Expansion:
As the place is small – busy at all times – delivery has to be emphasized. |
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| Competition:
Food eateries abound on this heavily walk traffic area of NYC, 7th Avenue. This place has the advantage of having an undervalued lease for next 6 years. |
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| Owner
willing to finance:
Owner wants all cash no financing - $27,000 – security deposit included in sale. |
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| Owner
willing to train:
Two weeks. |
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| Reason for selling:
Investment that owners can not give time to. |
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| REQUEST MORE INFO |
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