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Business for Sale Summary

Three Restaurants for Sale in New York County - 36052

Business Type: absentee business,other eating & drinking places,other food stores,restaurant/ cafes/ diners
Three Restaurants for Sale in New York County
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Financial Information (non-confidential)

General Information
Asking Price $1,175,000 Down Payment $1,175,000
Gross Revenues $2,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $420,000 Number of FT Employees Register Free to View

Financing

$1,175,000 Down and

Business Description

Presenting an exceptional opportunity, these three absentee-owned restaurants, all sharing a spacious 3,500 sq ft kitchen, are strategically located in the bustling heart of New York County, benefiting from a steady stream of foot traffic. The first restaurant offers a Mexican dining experience with 40 indoor seats, including bar seating, and an additional 20 outdoor seats. The current owner has plans to convert it into a Negroni with a wine bar concept, featuring delectable small plates. The second restaurant, an Italian gem, boasts an impressive 90 indoor seats along with 14 seats at the bar and 34 outdoor dining spaces. It has recently undergone a complete renovation, featuring a brand new dining room with polished cement floors, comfortable seating, banquettes, benches, new wood-top tables, and exquisite custom light fixtures imported from France. The third restaurant is a Pizzeria with seating for 33 patrons, equipped with wood and gas-fired ovens and a full bar area. An additional 34 outdoor seats provide ample space for patrons to enjoy Detroit-style pizza and more. This unique investment opportunity holds the promise of significant returns.

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