Location: Manhattan Mid-Town
Industry: Food and Restaurants
Listing ID: 00224
Located in upper income area on main thoroughfare. Owners wish to engage in a different business. This brand new built-out restaurant can accommodate seating for 48. It has attracted local residents, lovers of Turkish fare and business types for 16 years. The space is 1,300 sf plus a 1,300 sf basement.
Must see. Must sell.
Gross Revenue: $1,260,000
Cash Flow: $240,000
FFE: $300,000 (Included in Price)
Inventory: $500 (Included in Price)
Reason For Sale:
Embarking into Real Estate business.
Year Established: 2002
Security on Lease: 35000
Monthly Rent: 15260 plus RE Tax 30000/year
Square Footage: 1300 plus 1300 basement
Full kitchen, walk-in box, seating for 48, brand new build-out, 1,300 sf ground and 1,300 sf basement.