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Listed by:

Kensington Company

Profitable Network Of Established Restaurants For Sale

NYC Metro Area, New York, US
Asking Price:
$3,000,000 Furniture / Fixtures included
Sales Revenue:
$7,800,000
Cash Flow:
$1,000,000

This is a unique opportunity to purchase a network of 3 profitable, full-service local restaurants with one of the most established, best brands in its marketplace. For over 30 years, this brand has been providing its community with delicious cuisine in very inviting, comfortable restaurant settings. The family behind the restaurants has established menus, cooking lines, processes and management in place which makes this business opportunity especially appealing to new ownership who would like to immediately capture a solid footprint in one of the best markets in the US. Over the years the Company has curated its menus in order to maximize efficiency in the kitchen and keep its Cost of Goods under control. The results are 3 profitable, well-run, well-staffed restaurants ready for new ownership to step in. The founding family is now ready to move on to their next chapter and want to sell their very successful business to a new owner or group who will continue their legacy and good name. The founders will help with the transition by teaching and training the new ownership in their methods of success. The restaurants are turnkey with good leases, established repeat customers, complete operations and staffing, plus one of the most established and recognized local brands. Absolutely ready for the right new ownership to continue the success and grow. Please refer to listing number 15328 when inquiring about this opportunity.

Property Information

Real Estate:

Lease

Business Operation

Employees:
50

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$3,000,000 - included in the asking price