Upscale Restaurant & Bar In Busy Corner Location
Location New York,United States
Asking Price Range < $250K
Gross Revenues $640000
Net Profit / Cash Flow $140000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Very Attractive Restaurant & Bar for sale with stylish interior in Lower Westchester. They have their cabaret license for live music and dancing. Seating for 65 people inside (including 10 at the bar) and seating for 100 people outside. Rent is only $3,650/month which includes heat, real estate taxes, and water. They have 15 years left on the current lease including the 5 year options. This is located on the corner of two very busy streets. 1,900 sq. ft for restaurant plus additional 750 sq. ft. basement. Point of Sale computer system. High margin drinks represent almost 40% of their business.
Growth and Expansion: They are only open for Dinner and Sunday brunch so a new owner could open up more hours if desired to increase business.
Support/Training: Seller willing to stay on after the sale to provide help with transition.
Reason Selling: Illness
Employees: 4ft, 5pt
Contact Information
Contact: Blake Taylor
Email or call: (914) 738-9350
Prospect Contact Options
Click Here To Contact Seller
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