Restaurant Group
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3500000
Net Profit / Cash Flow $500000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1977
Number of Employees 50 - 99
Inventory 200000
Relocatable No
Number of Employees 50 - 99
Real Estate Leased
Training Reasonable.
Reason for Sale Retirement.
Description This successful group of restaurants consists of three locations in the Long Island/New York City area and one in South Florida. One of the locations is a steakhouse, the other three are Italian family style. Combined sales are $3.5M. Asking price is $1.6M. Each is available separately (see separate listings). The owners wish to retire. When inquiring about the group please refer to listing #1207. Broker cooperation welcome. BBN Broker: Acquest Corporation. E-mail or call (516) 908-6658 for more information on this Restaurant Group for sale.
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