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Semi Absentee Hamburger Restaurant In New York For Sale

New York, US
Asking Price:
$150,000 Inventory / Stock included
Sales Revenue:
$425,000
Cash Flow:
$70,000

LISTING ID # 36372

This hamburger restaurant, established and owned for 9 years, offers a local oldie-style atmosphere with loud music and a menu featuring great burgers, fantastic wings, super fries, wraps, and more. Currently, it is 90% absentee-owned, but a hands-on owner can net over $70k by working in-store and reducing salary. The restaurant generates $8k per week in summer and even higher numbers in winter. There is significant growth potential through the addition of delivery services and better promotion. The full staff is in place and willing to stay. Located in a small town with room for future growth, this cozy restaurant offers a great concept to duplicate. Under market rent with the possibility of a new 10-year lease can be arranged. For more information, contact broker Jim Aloi.

Business Operation

Reasons for selling:

Other interests

Employees:
2 FT/5 PT
Years established:
9

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$50,000
Inventory / Stock value:
$1,000 - included in the asking price