IS $350k WORTH TRAVELING TO THE SUBURBS FOR A Restaurant/Delicatessen

Asking Price$2,000,000

Cash Flow
$350,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,750,000

Inventory$40,000
Not included in asking price
FF&E$900,000
Included in asking price
Real EstateNot Disclosed

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IS $350k WORTH TRAVELING TO THE SUBURBS FOR A Restaurant/Delicatessen


Asking Price$2,000,000

Cash Flow
$350,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,750,000

Inventory$40,000
Not included in asking price
FF&E$900,000
Included in asking price
Real EstateNot Disclosed

Business Description
A HIGHLY DESIRABLE RESTAURANT IN A EXCLUSIVE NEIGHBORHOOD nets 350k+
THIS IS A CHANCE OF A LIFETIME. THIS STORE IS FILLED WITH WELL PAID, LONG TERM, EXPERIENCED EMPLOYEES. THERE IS ALSO A EXTREMELY KNOWLEDGEABLE ASSISTANT MANAGER IN PLACE. ALL THIS RESTAURANT NEEDS IS AN OWNER TO OVERSEE OPERATIONS.

***ALL THIS FOR A SIX DAY OPERATION, OPEN 7 DAYS AND IT WILL NET 400K*****

NOTE: THIS RESTAURANT IS LOCATED AN HOUR PLUS FROM NEW YORK CITY.
IT IS CERTAINLY WORTH THE TRIP......

AFTER ITS FIRST YEAR IN BUSINESS, WITH AN EXCESS IN PAYROLL FOR THE FIRST SIX MONTHS, THE BUSINESS'S NET PROFIT WAS MORE THAN $250,000'
About the Business
Years in Operation
1
Employees
30
Facilities & Assets
ALL THE EQUIPMENT IS ONLY ONE YEAR OLD. OVER 800,000 WAS SPEND ON TOP OF THE LINE EQUIPMENT.
About the Sale
Seller Motivation
RETIRING
Transition Support
OWNER WILL STAY FOR NECCESSARY TRANSITION.
Listing Info
ID
2356307
Listing Views
1030

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Business Listed by: Broker David Hoffman & Associates Inc.

Listing ID: 2356307 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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