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Absentee Owned Restaurant and Bar

New York County, New York

Asking Price: Gross: Cash Flow:
$700,000 $220,000 $32,000

Furniture and Fixtures Value:
$250,000 ( not included in the asking price)

Inventory Value:
$10,000 ( not included in the asking price)

Business Summary:
LISTING ID # 36051An absentee-owned business has achieved remarkable growth in its first month of operation. Projections for the upcoming 12 months indicate a gross income of $2.5 million with a cash flow of $350,000. This thriving restaurant is strategically situated in the heart of New York County, benefiting from substantial foot traffic throughout the day, serving breakfast, lunch, and dinner. With the capacity to comfortably accommodate 40 guests indoors and an additional 24 outside, this establishment features a full bar and boasts a stylish interior design that can be easily replicated. Recent upgrades include the installation of new bar equipment, a state-of-the-art AC system, and top-of-the-line kitchen equipment. While this location is relatively new, it holds tremendous potential for growth and success. For more details, please contact the broker, Pietro Siciliano, at 914-760-5744.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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36051 for instant access to this business information.

 
   
   
Number of Employees: 15 FT  
   
Owner willing to finance: No  
   
Owner willing to train: Seller will train  
 

 

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