Businesses For Sale > Business For Sale in NY, NY, New York (NY)
NYC Theater District Restaurant/Bar for sale in NY, NY, NY
NY, NY, New York (NY)
Asking Price: |
Gross: |
Cash Flow: |
$ 850,000 |
$ 1,276,489 |
$ 616,343 |
Furniture and Fixtures Value:
$ 200,000 (included in the asking price)
Inventory Value:
$ 15,000 (not included in the asking price)
Business Summary:
NYC Theater District Restaurant/Bar, Westside Restaurant Row area. Frequented by several theaters. Approximately $25,000 weekly 50/50 Food/Bar. Food cost 20%, Bar cost 15% (does 30% cash). Asian cuisine, many awards. One of the top 10 ethnic type cuisine restaurants in NYC. Fri/Sat over 220 covers each night at over $25 per head, plus big bar action, seating for 75, 12 at bar. Can get OK for outside dining. Has 3 delivery men for lunch. Plenty of walk by traffic. All newer equipment. Basement used for storage. Dining Room modern concept and design. Ample kitchen area with easy access. Owners splitting up. Stays open all day and operates late. Plenty of parking garages nearby. Real money making opportunity. Low food cost menu, lower bar cost. Recommended by Zagat, NYTimes. Semi-absentee owners take out a combined salary of 1,000k
|
|
|
|
|
Year
Business was Established: 2005 |
|
|
Number of Employees:
12 |
|
|
|
Facilities / Terms of Lease:
1700 sq ft plus storage basement 1200 sq ft. Modern concept with newer equipment. Good NYC lease. Plenty of nearby parking garages. |
|
|
|
Potential
Growth/Expansion:
As long as Broadway keeps attracting patrons, so will nearby restaurants flourish. No noticeable reduction in business in economic downturn. |
|
|
|
Competition:
Plenty of restaurants in area (theater district). All do very well |
|
|
|
Owner
willing to finance:
Negotiable |
|
|
|
Owner
willing to train:
2 weeks |
|
|
|
Reason for selling:
Owners splitting up |
|
|
|
Seller Reference Number: 3861vm
BusinessMart.com Listing Number: 59117 |
|
|
To request more information
on this business
please fill out the form shown right
|
Businesses For Sale by City & State
|
More Businesses For Sale
• Businesses For Sale in NY, NY New York
• Franchises For Sale in NY, NY New York
• NYC Theater District Restaurant/Bar For Sale in NY, NY New York
Businesses For Sale by Category
• Restaurants For Sale in NY, NY New York
• Car Washes For Sale in NY, NY New York
• NY, NY New York Laundromats For Sale
• Liquor Stores For Sale in NY, NY New York
• NY, NY New York Gas Stations For Sale
• Convenience Stores For Sale in NY, NY New York
• Internet Business For Sale in NY, NY New York
• NY, NY New York Nightclubs & Bars For Sale
• Automotive Businesses For Sale in NY, NY New York
• NY, NY New York Routes For Sale
• NY, NY New York Pet Businesses For Sale
• Wholesale & Distribution Businesses For Sale in NY, NY New York
• Manufacturing Businesses For Sale in NY, NY New York
• Marinas For Sale in NY, NY New York
Buying a Business Resources
• Buying a Business in NY, NY New York
• The Advantages of Buying An Existing Business in NY, NY New York
• Forget The Asking Price of A Business For Sale
• Getting Into Business: NYC Theater District Restaurant/Bar
• How To Value A NYC Theater District Restaurant/Bar
|
|
|
For
more info contact:
Larry Bodner
Executive Business Brokers
908-851-9040
|
|