A Goldmine In Manhattan

New York, NY (New York County)

Seller Financing Available
A Goldmine In Manhattan

Asking Price:$900,000

Cash Flow:$250,000

Gross Revenue:$1,400,000

EBITDA:$225,000

FF&E:$600,000

Inventory:$7,000*

Established:1989

*not included in asking price.

A Goldmine In Manhattan

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Business Description

THIS RESTAU RANT IS OPERATING WITH THE SAME OWNER FPR OVER 25 YEARS.
WAS RENOVATED RESCENTLY AND IS IN EXELENT CONDITION.
IS FULLY EQUIPTED AND IN A-1 CONDITION.
IT HAS A 6.5 YEARS LEASE LEFT, WITH MORE LEASE IF LAND LORD IS ASKED.
BY CHANGING THE MENU AND PROMOTE DELIVERIES AND IMPROVE THE SERVICE WILL DRASTICLY INCREASE THE SERVICE.

Detailed Information

Inventory:
Not included in asking price
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
LIMITED AT THIS LOCATION. IT HAS A HUGE POTENTIAL TO INCREASE THE BUSINESS BY UPDATING THE SERVICE AND ORGANIXE A PROFESSIONAL DELIVERY SERVISE. THE BUSINESS IS SITUATED ON A PRIME LOCATION .
Growth & Expansion:
BY CHANGING THE MENU AND PROMOTE DELIVERIES AND IMPROVE THE SERVICE WILL DRASTICLY INCREASE THE SERVICE.
Support & Training:
YES!.
Reason for Selling:
RETIRING

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PETER KANGELARIS

Business Listed By:
PETER N. KANGELARIS

Planet 2000 Realty Group Inc.

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