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Business for Sale Summary

Niche Restaurant for Sale in New York - 36473

Business Type: catering and event planning,delicatessen/catering services,illness forces sale!,other eating & drinking places,owner financing available,sandwich shops,restaurant/ cafes/ diners
Owner Financing
Niche Restaurant for Sale in New York
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This business has received 110 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $495,000 Down Payment $225,000
Gross Revenues $700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $185,000 Number of FT Employees Register Free to View

Financing

$225,000 Down and 270,000 for 5 years @ 8%

Business Description

This 2,700 sq. ft. niche branded restaurant, located in an extremely desirable town with fantastic visibility, has been successfully operating for 30 years. It offers both eat-in and takeout options and is well-known for its busy atmosphere and unique concept. The business is fully staffed, and the current owner only works 15 hours per week, making it an excellent opportunity for a hands-on buyer to increase sales and explore expansion into additional locations or even future franchising. The seller is willing to hold a substantial note for the right buyer, and may also consider a qualified working partner for 50% ownership at $275,000, with $175,000 down. Don't miss this rare opportunity to own a thriving business in a prime location. Contact broker Jim Aloi at 631-375-4100 today, as this listing won't last long!

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