Growing Chain of Cozy, Neighborhood NYC Restaurants

New York, NY (New York County)

Growing Chain of Cozy, Neighborhood NYC Restaurants

Asking Price:$8,900,000

Cash Flow:$1,200,000

Gross Revenue:$11,000,000

EBITDA:N/A

FF&E:$1,200,000

Inventory:N/A

Established:1996

Growing Chain of Cozy, Neighborhood NYC Restaurants

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Business Description

If ever a chain of restaurants could be labeled "Neighborhood," this is it. Every location is a warm, wecloming place to gather with friends, family or business associates. The staff is friendly and helpful and the food is the highest quality, plentiful and fairly priced. In a city of virtually non-stop hustle and bustle, these are places to slow down a bit before the next race begins.

Detailed Information

Employees:
164
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Almost 20 years old, it has grown quietly and organicallyto four locations to maintain the friends and family feeling of the locations, staff and clientele. They also have a catering division.
Growth & Expansion:
This is very unique restaurant with multi-generational appeal so four locations are just the beginning for an investor with vision. A local operator could expand the brand throughout Manhattan and the Tri-State area or it could be successful as a national chain or franchise brand.
Support & Training:
4 weeks
Reason for Selling:
retiring

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Bob Dunphy

Business Listed By:
Bob Dunphy

Transworld Business Advisors of NY

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Sponsoring Broker:
Transworld Business Advisors

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