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Well Reviewed Cheesesteak Restaurant In New York For Sale

New York, US
Asking Price:
$180,000
Sales Revenue:
$650,000
Cash Flow:
$135,000

LISTING ID # 35381

Highly esteemed and remarkably profitable cheesesteak establishment boasting $650,000 in sales! The owner, a seasoned restaurateur with a 50-year track record of success, consistently earns profits ranging from $11,000 to $12,000 per month. Despite its thriving status, the owner is selling due to health concerns, presenting an outstanding opportunity for someone looking to venture into the restaurant industry and elevate the business to new heights. The store itself is available for $180,000, excluding the brand name. For those interested in retaining the established name, an additional $20,000 is required. Prior to health issues, the owner was enjoying weekly earnings exceeding $4,000, all of which are meticulously documented and verifiable. Don't miss out on the chance to indulge in a delicious cheesesteak while exploring this promising opportunity! For further information, please contact listing broker.

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Business Operation

Reasons for selling:

Retirement

Employees:
4 FT/3 PT
Years established:
2

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$70,000
Inventory / Stock value:
$5,000