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600 Sq Ft Burger & Chicken Restaurant Bronx For Sale

Bronx, New York, US
Asking Price:
$95,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$335,000
Cash Flow:
Under $50K

HS Listing ID-64462

This restaurant was built new 4.5 years ago.

600 sq ft + basement (Storage & walk in cooler in basement).

Rent is $1850 + tax.

7 years left on the lease with a option to renew for 10 years.

Current hours are 11 am – 12 am 7 days a week.

Currently runs absentee with 4 employees.

Payroll is $2000-$2100/week.

Gross revenue is an average of $6,000-$7,000/week.

Net income of $500-$1500/month.

Potential to increase sales with an owner operator!

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

7 years left on the lease with a option to renew for 10 years

Leasehold Rent:

$22,200 per annum

Size in square feet:
600

Business Operation

Reasons for selling:

Other business interests.

Employees:
4

Other Information

Support & training:

Yes.

Financing available:

N/A