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Bar, Restaurant & Catering Hall * PRICE REDUCED* - 30121 for sale in NY

New York (NY)

Asking Price: Gross: Cash Flow:
$ 225,000 $ 320,210 $ 144,220

Business Summary:
Restaurant with 3,000 SF Catering Hall. *PRICE REDUCED* This is a very unique space. It is located in a very high traffic area, just steps from the train station. This is a 1,500 sq.ft. restaurant, specializing in South American cuisine in a quick-serve setting. They offer a full kitchen with ansul system, as well as steam tables. They also have a beer and wine license, and do tremendous beer sales at the bar. The space offers seating for approx. 25. In the past year, gross sales were approx. $320,210.00, with a net cash flow of approx. $144,220.00. The margins are very high to the approx. 58% beer sales at the bar. There are 10 years remaining on the lease, at a rent of only $3,350/month. THERE IS A BONUS SPACE NEXT DOOR. THE OWNER HAS COMPLETED THE CONSTRUCTION OF A 3,000 SF CATERING HALL. Rent for this space is only $2,000/month. She has decided to move out of state, and has not yet opened the space next door. A new owner only has to furnish the space, and they can open for business. We are seeking a serious and financially-qualified buyer with at least $225K in liquid funds. The ability to speak fluent Spanish would be ideal. To learn more, please call or email Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

 

   
Number of Employees: 2 FT 1 PT  
   
Owner willing to finance: 225,000.00 Down & Possible for a qualified buyer.  
   
Reason for selling: Moving  
   
Seller Reference Number: 30121
BusinessMart.com Listing Number: 236808
 

 

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