Restaurant in Busy Upscale Location
Westchester County, NY
| Asking Price: | $249,000 |
| Gross Revenue: | $991,733 |
| Rent: | $6,952.5 |
| Cash Flow: | $21,476 |
| Inventory: | $6,000 |
| FF&E: | $9,000 |
Listing ID: 2309720Listing provided by BizBuySell
BUSINESS DESCRIPTION
Superior Location - Will not last
Newly remodeled high-end restaurant with large modern kitchen, bar, and dining room, along with large refrigerated and dry storage space. Located on busy walkable downtown street, with other busy restaurants and bars, near metro-north train station.
Current owner has other successful restaurants and is unable to devote adequate time to realize this restaurant's potential. New owner has unique opportunity to step in and operate and grow the business with updated menu options, increased hours, more hands-on management and increased advertising.
DETAILED INFORMATION
Location
Westchester County, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
30/11/2033
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
One year for current owner and theme. Has been a restaurant in this location for over 10 years.
Competition
Nearest similar cuisine is 10 miles away.
Growth & Expansion
Explosive growth in popular downtown. Other entertainment nearby, with other overflowing restaurants and bars. More hands-on owner/manager and advertising will increase revenue and profit.
Financing
Owner Financing Amount $125,000.00 Owner Financing Interest 10% Owner Financing Terms
Support & Training
2 weeks
Reason for Selling
other business interests
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