Family And Business Type Of Eatery In Mid Town Manhattan

Yonkers, NY (Westchester County)

Seller Financing Available
Family And Business Type Of Eatery In Mid Town Manhattan

Asking Price:$1,750,000

Cash Flow:$400,000

Gross Revenue:$2,750,000

EBITDA:N/A

FF&E:$1,200,000

Inventory:$90,000*

Real Estate:N/A

Established:1950

*not included in asking price.

Family And Business Type Of Eatery In Mid Town Manhattan

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Business Description

it will not last

This Is A Family and business Style Diner Located In The Middle Of NYS Waiting For The Right Operator For The Diner / Restaurant To Rich its full potential.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
40+
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
ESTABLISHED AND SUCCESSFUL LARGE DINER SITUATED ON A GREAT CORNER LOCATION IN THE MIDDLE OF MANHATTAN. THIS IS GREAT OPPORTUNITY PRICE FOR QUICK SALE THIS DINER HAS BEEN A MAINSTAY OF THE THE WEST SITE FOR MANY YEARS. SEATS 168 AND DOES PLENTY OF TAKE OUT BUSINESS. SOME OF THE PLUSES: 1. TRAINED EMPLOYEES ARE ALREADY IN PLACE 2. VENDOR RELATIONSHIPS ARE ESTABLISHED 3. A LOYAL CUSTOMER BASE IS ALREADY DEVELOPED AND COULD BE EXPANDED WITH REFRESHED MARKETING 4. THE LOCATION HAVE PROVEN ADVANTAGEOUS WITH REASONABLE RENT 5. TRAINING AND TRANSITION ASSISTANCE ARE PART OF THE TRANSACTION 6. THE BUSINESSES ARE IN A GREAT NEIGHBORHOOD NEAR TO EVERYTHING 7. FUTURE ECONOMIC GROWTH AND VITALITY 8. HIGH TRAFFIC LOCATION. FULLY EQUIPPED 9. OWNER IS WILLING TO HOLD PAPER WITH $ 800'000.00 DOWN PAYMENT 10. CONFIDENTIALITY IS IMPORTANT 11. MUST SIGN THE NON-DISCLOSURE AGREEMENT REASON FOR SELLING: OTHER INTERESTS FOR MORE INFO PLEASE CALL ME at 516-445-4134 OR E-MAIL ME
Competition:
THE ONLY GAME IN TOWN, WITH THE POTENCIAL THIS DINER HAS.
Growth & Expansion:
THERE IS ONLY PROS FOR THIS LOCATION. THE MENU IS AN OLD FASHION TYPE OF MENU, UP GRATING THE MENU TO 2015 STANDARDS AND CRAVINGS THE DINER WILL DOUBLE IT'S BUSINESS.
Financing:
- YES -
Support & Training:
YES, IF NEEDED
Reason for Selling:
OTHER INTERESTS

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PETER KANGELARIS

Business Listed By:
PETER KANGELARIS

Planet 2000 Realty Group Inc.

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