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Great Family Style Restaurant
Westchester County |
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This beautiful 3,500 square foot family style restaurant has been around for years. It has a great reputation for serving good food at reasonable prices. They average $38,000 per week in gross sales. They do a great sit down business plus a huge take out business. They also have a liquor license and serve beer, wine and hard liquor. Business is steady year after year with tons of repeat business. They have a complete staff of cooks, kitchen staff, waiters and managers. Owner is in the background. A great buy. It won?t last long!! |
Listing Number: 217
Morris Cohen - Listing Broker
122 Ogden Avenue, Dobbs Ferry, NY 10522
Telephone - (914) 674-9580
E-mail -
mcohen@capitalbbw.com
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
Restaurants |
| Asking Price |
$850,000 |
| Gross Sales |
$1,975,000 |
| Cash Flow |
$400,000 |
| FFE |
$100,000 |
| Inventory |
$15,000 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
0 - Full-Time
0 - Part-Time |
| Facilities |
Beautiful 3,500 square foot restaurant which seats 125-150 people. They have almost 10 years remaining on a new lease. Restaurant is perfect. Kitchen is great. New owner has to do nothing except take over and start counting the receipts every night. The money just rolls on in. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
The restaurant is in a great shopping center with lots of traffic and parking. It has a great reputation. People just keep coming back. |
| Growth Notes |
When a business does almost 2 million, you don't have to worry about growth. This place makes lots of money. It is a cash cow. |
| Support Training |
Owner will supply training. |
| Year Established |
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| Financing Terms |
All Cash Deal. No bank loan or owner financing available. |
| Reason for Selling |
Time to sell. |
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