High-End, Profitable Restaurant in New York - 36582 Business Type: bar/tavern/night clubs,business with property available,other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $850,000 | Down Payment | $500,000 |
Gross Revenues | $1,400,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $400,000 | Number of FT Employees | Register Free to View |
Financing
$500,000 Down and balance of $350k for 60 months @ 7%
Business Description
This is a rare opportunity to own a well-established, high-end, and profitable restaurant in a prime, high-traffic location.
The fully renovated, 4,200 sq. ft. space is completely turnkey, featuring a modern cook line with new broilers, fryers, grills, and stoves, along with two walk-in refrigerators, one walk-in freezer, and numerous other recent upgrades.
The free-standing building offers seating for 120 guests, ample parking, and a separate bar/lounge with a vibrant atmosphere, signature cocktails, and live entertainment on weekends.
Known for its creative chef and amazing daily specials, the restaurant attracts a loyal following, including a bustling happy hour crowd.
Despite being open only five evenings a week for a total of 27 hours, the business boasts impressive financials and year-round consistency, with significant growth potential by expanding to six or seven days, adding a lunch menu, or increasing catering services.
With a strong reputation as a go-to spot for parties and special occasions, this is a truly unique opportunity to own a thriving business with the option to purchase the property.
For more information, contact broker Tony Sica at 516-330-8558.
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.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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