New American Restaurant (Featured On Tv)
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $598000
Net Profit / Cash Flow $138042
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Other interests.
Description Beautiful New American Restaurant for sale. Business has increased significantly since internationally renowned Chef and Author Gordon Ramsay filmed an episode of his Hit Fox Reality Show. This location will be featured again in Fall 2008. The owner has spent the past 12 years growing this business and has decided to move on as the television show has opened many new doors for him. You would be buying a business with a long track record in the community and Internationally Televised Advertising. There are not too many businesses that can claim that. This location must be seen to be truly appreciated. The entire dining room has been renovated in the past year. The restaurant offers 50 seats, plus a new bar. In 2007, they Grossed approximately $598,000 with a Net of approximately $154,000. The business is in a strip mall on a major South Shore roadway. It offers a parking lot for 8 cars, plus street parking.
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