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Caribbean Restaurant In Bronx County For Sale

Bronx County, New York, US
Asking Price:
$350,000
Sales Revenue:
$804,457
Cash Flow:
$120,668

Full liquor license. Currently open 7 days per week. Monday - Thursday 11 am to 9 pm, Friday and Sat 10 am to 1 am (take out after 10pm). Pre-covid they were open till 4am because of the bar. There is also a full basement with prep stations for baking. All baking mixers are in basement for baking bread and pastries. The basement is the the same size of the entire first floor, has a walk in cooler and freezers. Also there is an office space and extra private bath for owner. There is also a newly built outdoor seating area to address COVID concerns with over 50 seats. The landlords legal department had to update lease to include this new area. As Easy as taking down the sign, changing the name and turning the key! This Bronx County Bar and Lounge is searching for a new dedicated owner.Located in a vast demographic community this Restaurant currently serving Jamaican, Trinidadian, Guyanese, African, Mexican, and Dominican food with a flair. Bar is only open Thursday to Sunday. Opening the bar for more nights and adding outdoor seating will increase the profits of this restaurant .

Business Operation

Reasons for selling:

Owner has other businesses he wants to focus on

Employees:
2FT/2PT
Years established:
2018

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

250,000.00 Down & 100K at 7% for 36 months

Furniture / Fixtures value:
$60,000