An absentee-owned business has achieved remarkable growth in its first month of operation. Projections for the upcoming 12 months indicate a gross income of $2.5 million with a cash flow of $350,000. This thriving restaurant is strategically situated in the heart of New York County, benefiting from substantial foot traffic throughout the day, serving breakfast, lunch, and dinner. With the capacity to comfortably accommodate 40 guests indoors and an additional 24 outside, this establishment features a full bar and boasts a stylish interior design that can be easily replicated. Recent upgrades include the installation of new bar equipment, a state-of-the-art AC system, and top-of-the-line kitchen equipment. While this location is relatively new, it holds tremendous potential for growth and success.
- Asking Price:
- $700,000
- Sales Revenue:
- $220,000
- Cash Flow:
- $32,000
Business Operation
- Employees:
- 15 FT
Other Information
- Support & training:
-
Seller will train
- Furniture / Fixtures value:
- $250,000
- Inventory / Stock value:
- $10,000
