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Financing: $199,000.00 Down and Possible for a qualified buyer. Reason for Selling:Moving. 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. $238,847.00, with a net cash flow of approx. $82,823.00.
The margins are very high due 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 $199K in liquid funds. The ability to speak fluent Spanish would
be ideal. To learn more, please call 877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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 listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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