Landmark Restaurant--PRICE REDUCED

New York, NY (New York County)

Seller Financing Available
Landmark Restaurant--PRICE REDUCED
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Asking Price: Get Financing: $729,000

Cash Flow: $330,000

Gross Revenue: $2,500,000

EBITDA: N/A

FF&E: $450,000

Inventory: $11,000

Lease Rate: N/A /SF

Established: 1981

Landmark Restaurant--PRICE REDUCED

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Business Description

Motivated Seller! Price Reduced!

Great Opportunity for an Experienced Restaurateur!

For more than 37 years, this Albuquerque, New Mexico restaurant has been delighting guests with its lively, entertaining and memorial dining experience. Chefs prepare the international cuisine right before your eyes while putting on a culinary show. All meats, vegetables and seafood are hand-trimmed to ensure quality & freshness, and sauces and dressings are made fresh daily. Loyal, repeat customers along with hands-on management make this restaurant a real success.

Best of the City winner as well as Best Restaurant, Local IQ’s Smart List, Best of Burque and many more.

Buyer MUST have 5+ years of restaurant management experience.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
14,000
Lease Expiration:
6/30/2019
Employees:
45
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased
Financing:
Minimum 40% down payment.
Support & Training:
Through transition period.
Reason for Selling:
Retirement
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Jeannie Randolph

Business Listed By:
Jeannie Randolph

Brio Brokers Group

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