Profitable Spanish Restaurant - Fantastic Location
Location New York,United States
Asking Price Range < $250K
Gross Revenues $650000
Net Profit / Cash Flow $175000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2003
Number of Employees 4 - 5
Inventory 100000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Full service and support.
Reason for Sale Seller has other interests.
Description Gorgeous upper scale restaurant in renovated brownstone. Located one block from a major high rise building. Becoming an avante garde bustling section of New York City ... a bustling, growing area ... 1/4 block from 3 major subway lines ... 5 minutes to Manhattan by train.
Located in a beautifully renovated brownstone ... 4,500 square feet ... has two levels, outside dining and dancing ... equipment boasts state-of-the-art kitchen ... all under two years new. Seats 100 people comfortably, 70 inside...30 in the outdoor dining area. Adorned with beautiful granite top bar and countertops, as well as terracotta floors ... long term lease ... ample parking.
Market Outlook and Competition: Not much competition for this specialized ethnic restaurant. The growth potential is tremendous. Can provide delivery service and hold private catering functions for growing business sector. Huge profits to be made by expanding area, both commercial and residential.
If you have food service experience and capital to do this deal, this could be the business for you! For more information on this Spanish Restaurant business for sale, email or call Joanne Fried right away at 919-342-5322, or reach me on my cell at 919-771-5650.
Click Here To Contact Seller
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