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Healthy QSR And Juice Bar In Manhattan For Sale

Manhattan, New York, US
Asking Price:
$699,000
Sales Revenue:
$2,080,000
Cash Flow:
$500,000

Located in the heart of one of Manhattan's most vibrant neighborhoods, this Healthy Restaurant and Juice Bar is just 1 of 4 locations for sale, all of which are operating successfully. Please see listings 26583, 26584 and 26588 for their specifics. The residential building that houses this location got shut down a year ago by the NYC Department of Buildings due to a gas leak, which eventually led to all of its pipes having to be replaced. The financials represented here are from when this business was fully operational. Doors are going to open again any day now once new meters are installed. In the meantime, major upgrades were made to the facility. As business is returning to previous levels, the sellers have reduced the ask from $1.15M down to $699K, You may operate under the chain's brand name or re-purpose the location to implement your own concept. The owners will entertain the sale of individual stores or all of them as a package. 55% of the business is delivered through the likes of Grub Hub/Seamless and Uber Eats, 30% is paid in-store by credit cards, and 15% is in cash. There are 10 years left on the lease. Rent is only $13,200/month for 800 square feet at street level and 1,200 in the basement. The owners have assembled a great team of employees, who run this and their other stores with only moderate supervision. Please do not say anything to the employees and customers when visiting a location, as they do not know it is for sale. Then, contact the listing broker, Jay Goldman, to make an appointment to speak with the sellers and get a full tour of the facilities. Mr. Goldman.

Business Operation

Reasons for selling:

Retirement

Employees:
6FT/6PT
Years established:
2014

Other Information

Support & training:

Seller will train

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

699,000.00 Down & Please make your best all down offer!

Furniture / Fixtures value:
$200,000
Inventory / Stock value:
$20,000

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