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Restaurant Cafe In New York County For Sale

New York County, New York, US
Asking Price:
$150,000
Sales Revenue:
$850,000
Cash Flow:
$95,000

Talk About Location Location Location, this Restaurant Cafe is where it's at! The seller absolutely kills it year round. Customers line up to dine inside or on the extra-wide sidewalk outdoors. He invested $300,000 into upgrades just a few years ago and it really shows. Rent is below market. The landlord is open to extending the lease for this beautiful space. You can grow the business by applying for a liquor license to go with the beer and wine one already in place. Run as an all cash business, you can increase revenues by accepting credit cards. After 12 years as a hands-on operator 6 days/week, the seller needs time off to smell the roses and focus on his next chapter. Landlord will give 10 yr lease with smaller rent increase to approved buyer. This can be negotiated between landlord and buyer upon approval. You'll thank him for this once in a lifetime opportunity! Please call for further information.
For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-27508 for instant access to this business information.

Business Operation

Reasons for selling:

After 12 years as a hands-on operator 6 days/week, the seller needs time off to smell the roses and focus on his next chapter.

Employees:
10FT

Other Information

Support & training:

Seller will train

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

100,000.00 Down & $50k TBD for qualified buyer

Furniture / Fixtures value:
$160,000
Inventory / Stock value:
$15,000

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