Buffalo Wing Restaurant Business For Sale: New York City

New York, NY (New York County)

Seller Financing Available
Buffalo Wing Restaurant Business For Sale: New York City

Asking Price:$395,000

Cash Flow:$150,000

Gross Revenue:$1,000,000

EBITDA:N/A

FF&E:$395,000

Inventory:$10,000*

Established:1996

*not included in asking price.

Buffalo Wing Restaurant Business For Sale: New York City

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Business Description

Midtown East

Buffalo Wing Restaurant

Address: Upon Request

Property Type: Restaurant Business-For Sale

Term: Lease Assignment-Ten Years

Rent: $6,683 per month

Real Estate Taxes: Included in Rent

Size: 410 SF Ground | 1700 SF Lower Level

Seller will hold a note for buyer of up to 20 percent of the gross sale price.

Notes: High Volume Buffalo Wing Restaurant Business. Verifiable sales of over one million dollars per year. Delivered "AS IS," with all Fixtures, Furniture & Equipment in place & in good working condition.

This store has been in Business since August 1st 1996. It produces a steady high revenue stream and boasts a loyal client base. Terrific upside potential with the possibility of rolling out other Buffalo Wing locations in NYC. Turn Key for the right operator. Owner will train new operator.

All viewings must be made by appointment. Appointments are 9am-9.30am Monday thru Friday. Thank you

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
New York City.....
Growth & Expansion:
This store has been in business since August 1st, 1996. The owner has built up a large residential and business client base in the Midtown area. This is due to a quality product that he and his staff produces fresh each day. The new owner could open up several of these type (Buffalo Wing) restaurants all around New York City, as well as the surrounding boroughs. The current owner has developed his own special home made recipes. The book of recipes will be passed along to he new owner of this business. This business also is being sold with the business name included in the price. The business name, is a very well known and highly regarded brand name in New York City. All sales will be verifiable and the new owner may work the restaurant for up to five work days before we close the sale contract. The new owner will then be able to see for themselves that the income that we are stating the store produces, is correct. We will need proof of finances before we enter into a Letter of Intent or before any due diligence of the businesses financials are provided. Thank you....
Financing:
Pending Purchaser Credit Info
Support & Training:
Owner will provide support training
Reason for Selling:
Owner has moved out of the city and no longer wishes to make a long commute

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Michael Hayes

Business Listed By:
Michael Hayes

Boxers Realty

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