Turn Key New York-Based Restaurant Chain with Independent Ownership
Melville, NY
| Asking Price: | $9,950,000 |
| Gross Revenue: | $28,000,000 |
| Cash Flow: | $3,000,000 |
| EBITDA: | $3,000,000 |
Listing ID: 2182946Listing provided by BizBuySell
BUSINESS DESCRIPTION
Highly profitable , Absentee Business
Annual Gross Sales: Approximately $28 million
Full management team established
Each location equipped with a manager and assistant manager
Owner boasts over two decades of industry experience
Rent constitutes approximately 6% of annual sales
Proven to be a highly lucrative concept
Perfect roll up opportunity for expansion of the successful concept
Financing available
DETAILED INFORMATION
Location
Melville, NY
Inventory
Not Included in asking price
Facilities
13 restaurants spread out throughout NY
Same owner
going into another venture out of the country
Growth & Expansion
Tremendous opportunity to rebrand and scale this business where it should be
Financing
Open
Reason for Selling
going into another venture out of the country
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