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Established Kosher Restaurant In New York County For Sale

New York County, New York
Asking Price:
$550,000 Inventory / Stock included
Sales Revenue:
$1,050,000
Cash Flow:
$250,000

This exceptional, highly successful, Kosher Restaurant is now on the market as the Owner wishes to move back to Israel. The restaurant seats 100 in two spacious dining rooms which are furnished in warm brown tones, saturated with light from dangling sconces and art-deco chandeliers. During the day, the restaurant has a sunny ambiance with a steady crowd of ladies and business lunches and at night you will find a more classy feel, ideal for couples and families. When the restaurant gets full, the second dining room is used for a more spacious dining experience or for private parties such as Sheva Brachos and special occasions. For privacy, there is a separate entrance for the party room. Wine & Beer License. No bar with seating. Outstanding 10 lease for buyer. Open S-M-Tue-Wed-Thur- Closed Friday, Open evening Sat. 30% of business is private parties and catering at a very high profit margin. Only serious buyers knowledgeable in kosher restaurant operations should inquire, and be financially able to provide Proof of Funds equal to 75% of the asking price. Very nice operation.

Property information

Real Estate:

Lease

Business Operation

Employees:
7

Other Information

Support & training:

The seller will train the new owner.

Financing available:

550,000.00 Down & TBD- May consider with highly qualified buyer

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$25,000 - included in the asking price

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