Popular Franchise Restaurant For Sale!

Manhattan, NY (New York County)

Popular Franchise Restaurant For Sale!
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Asking Price: $700,000

Cash Flow: N/A

Gross Revenue: N/A



Inventory: N/A

Established: N/A

Popular Franchise Restaurant For Sale!

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Business Description

Great Investment Opportunity-Franchise Restaurant (Fresh Seafood,Salad etc)For Sale
Poke Spot USQ
Ownership type: 100%
Store Address: 120 4th Avenue, New York, NY 10003
Average Monthly Sales: $164,773.70
Average Monthly Profit: $56,537.67
Monthly rent expense (property tax included): $20,157.10 + $118.04 = $20,275.14
Annual Rent increase: 3% per year
Lease Term: 120 Months
Months left in lease: 89 Months
Square footage: 1,200 Sq Ft Upstairs / 600 Sq Ft Downstairs
Number of employees: 15
Number of Salaried employees: 1 Salaried employee (General Manager - Jasmin Nunez $55,000)
Poke Spot Philly:
Ownership type: 60%
Store Address: 1804 Chestnut St Philadelphia, PA 19103
Average Monthly Sales: $64,516.27
Average Monthly Profit: $17,729.07
Poke Spot Atlanta:
Ownership Type: Franchise location (5% of monthly sales)
Store Address: 200 Peachtree Street NE, Atlanta GA 30303
Average Monthly sales: $41,228.40
Average Monthly Franchise fee: $2,061.42
Poke Spot (All 3 locations combined)
Net income expected from new owner:
100% of USQ: $56,538
60% of Philly: $10,637
5% of average monthly sales: $2,061
Total Net Income: $56,538 + $10,637 + $2,061 = $69,236

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Detailed Information

Manhattan, NY
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Growth & Expansion:
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Yanwen Shi

Business Listed By:
Yanwen Shi

Mehome Realty

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Sponsoring Broker:
Mehome Realty

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