Business Summary:
The owner has been so successful in this location that he is moving to a much larger space next door! The two restaurants will not be competing directly because the current restaurant (the one for sale) will need to be changed from the current Dominican cuisine. The pricing is set as an asset sale, and the financial numbers are provided as a guide for what is possible in the space. Everything in the restaurant is fully owned, except the ice maker. With a little redecorating, this would be an ideal spot for nearly any cuisine!
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| Year
Business was Established: 2005 |
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| Number of Employees:
5 |
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| Facilities / Terms of Lease:
This is 1500 SF on the first floor, seating for 32 people. The kitchen has a 6 foot hood! The rent is $1500/month, and the initial term expires in mid-2010. |
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| Potential
Growth/Expansion:
Building owner has indicated they would be interested in leasing the upper floors of the building to the restaurant, and maybe assist in the build-out. |
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| Competition:
This is one of the busiest restaurant/nightlife districts in the city. |
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| Owner
willing to finance:
Owner may be willing to provide some financing, depending on the offer. |
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| Owner
willing to train:
Owner is willing to provide for a smooth transition. |
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| Reason for selling:
Moving next door to open a much larger space. |
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Seller Reference Number: bm209643835
BusinessMart.com Listing Number: 35514 |
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