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High Volume Established Turn Key Restaurant In Bronx For Sale

Bronx, New York, US
Asking Price:
$399,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,100,000
Cash Flow:
$275,000

HS Listing ID-62726

Great corner location.

Restaurant is turn key, needs nothing, consistently updated and maintained.

Has 2 walk in boxes, 1 walk in freezer, 2 cooking and prep lines, spacious kitchen, rear kitchen entrance for deliveries.

Seating for over 100 plus bar seats 8-10.

New 10 year lease will be delivered along with purchase option on the property.
10.5k per month for rent. Seller also collect around 2k per month from rental property on location.

Staff has been at location for a very long time and will stay on for new owner.

Seller will seller finance with $250k Down. $149k seller financing flexible terms

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

10 year lease.

Leasehold Rent:

$126,000 per annum

Business Operation

Reasons for selling:

Other business interests.

Years established:
50

Other Information

Support & training:

Yes.

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

250k down seller will finance $149k