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Listed by:

Transworld Business Brokers

Highly Profitable Restaurant & Bar Opportunity w/Real Estate In New York For Sale

New York, US
Asking Price:
$1,950,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,773,175
Cash Flow:
$355,436

**Turnkey Opportunity: Own a Beloved Community Landmark!**

Dive into the heart of a thriving community with this well-established, family-owned restaurant and bar, a beloved local institution for over 10 years. Here’s why this is an investment not to be missed:

**Award-Winning Cuisine**: Renowned for its signature chicken wings, succulent steaks, and authentic tacos, this restaurant boasts an extensive menu that caters to all tastes, from gourmet burgers to fresh salads, ensuring a broad appeal.

**Prime Location with Parking**: Enjoy the advantage of your own exclusive parking lot, a rarity in the area, enhancing customer convenience and boosting foot traffic.

**Loyal Team, Stellar Service**: Benefit from a dedicated and experienced staff with low turnover, ensuring consistent, high-quality service and operational excellence.

**Historic Charm**: Housed in a building with over 50 years of history as a dining spot, this restaurant offers a nostalgic ambiance that patrons love.

**Diversified Revenue Streams**: Not only does it excel in dine-in, but it also features a robust catering service, including off-site events. Plus, a thriving takeout and delivery business through partnerships with GrubHub, Uber Eats, and DoorDash, adding significant revenue and reach.

**Sports Bar Hub**: The full-service bar with multiple screens is the go-to place for sports enthusiasts, creating a lively atmosphere and regular clientele for game days.

**Growth Potential**: With opportunities to expand bar operations, extend hours, amplify marketing, and further leverage the delivery platforms, there's significant room for growth and increased profitability.

**Investment Details**: The listing includes real estate valued at $1,100,000, with seller financing options to make your transition into ownership smoother.

Seize the chance to own not just a business, but a community treasure. If you are an existing operator of a restaurant, this could qualify for $0 down payment at the closing. For more details, please submit your inquiry today!

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Relocation

Employees:
20

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 12

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price
Home based:
This business can be run from home.