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Spanish Restaurant w/Liquor license

New York County, New York

Asking Price: Gross: Cash Flow:
$174,000 $480,000 $189,490

Inventory Value:
$4,000 ( not included in the asking price)

Business Summary:
Spanish restaurant with liquor license in a busy home style environment, luxury apartments across the street, blocks of stores, apartment building and hospitals with in walking distance. Potential to grow more business with marketing, catering. Very motivated seller. For further information, please contact 908-851-9040 and ask to speak with Raisa Glazman Ext 274

 
   
   
Year Business was Established: 1980
   
Number of Employees: 3FT/4PT  
   
Facilities / Terms of Lease: 14x30”, 5 tables- place is in good condition, street parking, currently 5years lease, can be extended to 10 years  
   
Potential Growth/Expansion: Potential too grow through marketing, catering. Upcoming, busy area  
   
Competition: No competition around for blocks, very busy area w/luxury apartments across the street and stores, business and hospital near by.  
   
Owner willing to finance: Terms negotiable  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Retiring  
 

 

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