"Prime Restaurant on 5th Ave"

Asking Price$700,000

Cash Flow
$350,000

EBITDA$389,800

Gross Revenue$2,100,000

Inventory$7,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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"Prime Restaurant on 5th Ave"


Asking Price$700,000

Cash Flow
$350,000

EBITDA$389,800

Gross Revenue$2,100,000

Inventory$7,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
All day busy traffic, amazing location. Full kitchen, $1.1 million spent to build up. Liquor license. Around 80 seatings.
Must see the operation. Weekly sales $40,000 plus. Easy to run and can apply new menus. 24 hours open possible if wanted. After the price is agreed with the official offer with the proof of funds, the seller will show all numbers and docs. Net income is the Projection when fully operated.
Only for the financially qualified buyers with experience. NDA must be signed for the showing.
Please text 201 328 4324. Or email: leo@citypropertyassociates.com
About the Business
Years in Operation
22
Employees
8
Facilities & Assets
2500sf with dry full 2500sf basement.
Market Outlook / Competition
Not much.
Opportunities for Growth
Needs more online social media marketing and delivery.
About the Sale
Seller Motivation
RETIRE
Transition Support
Owner will hand over all the needs for the investor.
Financing Options
Some possible if qualified
Listing Info
ID
2361187
Listing Views
411

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Business Listed by: Leo NYNJ Business,LLC.

Listing ID: 2361187 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.