Profitable Take Out Restaurant For Sale with Room For Expansion

Highland, NY (Ulster County)

Seller Financing Available
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Asking Price:$189,900

Cash Flow:$140,000

Gross Revenue:$475,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Profitable Take Out Restaurant For Sale with Room For Expansion

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Business Description

Selling below value-This is a steal
OVERVIEW:: Pickup and delivery of all types of food--with restaurant or other use
MARKET:: Only facility in area
POTENTIAL:: Current sales just take out/pickup-- see info for opportunities
WHY BUY THIS BUSINESS:: Seller wants to retire--selling below value
REASON FOR SELLING:: Owner is 72 yrs old, ready to retire

Full Kitchen equipped. Plenty of parking. Lease will be very cheap at $1,750 month. Take out facility is successful, restaurant is not open but included in the lease. This would be a great place to have liquor license or beer license for the space and "hot to go" prepared meals.

If a buyer used the extra space with beer/liquor/lottery/convenience store mixed with the takeout food business in place the sales with grow rapidly. The business currently does 8-10k a week without these. The facility is across from Rocking Horse Ranch which orders large quantities of food. No slow times for this business--very steady. There is no liquor/wine facility near them.

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Seller Rep
Jay Hamel
NAABB Certified

518-852-0802

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Detailed Information

Inventory:
Included in asking price
Business Website:
http://www.northeastbizbuy.com/nda

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Jay Hamel

Business Listed By:
Jay Hamel

A.S. Radin & Associates

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Sponsoring Broker:
Scott Radin

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