Industry: Food and Restaurants
Listing ID: 00226
Situated in a perfect location for this 2,500 sf Kosher Dairy Restaurant that is a relatively new build-out with seating for 76 inside and 24 outside, weather permitting. Owner is considered absentee so an owner/operator can net even more income and with the proper marketing can easily increase the volume, especially in catering. The menu is quite extensive including Breakfast All Day, Salads, Soups, Wraps, Sandwiches, Pasta, Panini, Fish and Desserts. (Wine and beer license).
There are 7 years remaining on the 10 year lease.
Gross Revenue: $1,500,000
Cash Flow: $250,000
FFE: $200,000 (Included in Price)
Reason For Sale:
Owner is in a totally different business that is too time consuming to devote time to this cafe/restaurant.
Year Established: 2016
Days & Hours of Operation: 6 days, 9am to 11pm
Absentee Owner?: Yes
Security on Lease: 36000
Monthly Rent: 15000
Square Footage: 2500 sf plus basement
Full open kitchen with seating for 76 inside plus 24 outside. Basement for storage and refrigeration.
Growth is enormous considering this is absentee ownership and there is no marketing.