Restaurant – Dietary Restrictions
Price
$500,000
Industry
Food and Restaurants
Listing ID
00228
Established mid 2016 as an absentee ownership situation, the diner/restaurant has shown positive results since inception and can become an even bigger earner with owner/operator participation and active marketing. Wine and beer license.
The spacious 2,500 sf ground level can accommodate more than the 76 it currently serves with a little planning. In addition, it has license to serve outside.
The 10 year lease has 7 years remaining.
Owner has no time to devote to business.
Full kitchen, open space can be converted into any type of restaurant set-up.
Considerable considering absentee owner situation.
Price: $500,000
Industry: Food and Restaurants
Listing ID: 00228
Established mid 2016 as an absentee ownership situation, the diner/restaurant has shown positive results since inception and can become an even bigger earner with owner/operator participation and active marketing. Wine and beer license.
The spacious 2,500 sf ground level can accommodate more than the 76 it currently serves with a little planning. In addition, it has license to serve outside.
The 10 year lease has 7 years remaining.
Gross Revenue: $1,500,000
Cash Flow: $250,000
FFE: $200,000 (Included in price)
Inventory: $20,000
Reason for Sale: Owner has no time to devote to business.
Year Established: 2016
Days & Hours of Operation: 6 days
Owner Hours Per Week: 1
Employees: 30
Managers: 1
Absentee Owner: Yes
Security on Lease: 36000
Monthly Rent: 15000
Square Footage: 2500
Facilities Information: Full kitchen, open space can be converted into any type of restaurant set-up.
Potential Growth: Considerable considering absentee owner situation.
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New York, NY 10001
Price
$500,000
Industry
Food and Restaurants
Listing ID
00228
Established mid 2016 as an absentee ownership situation, the diner/restaurant has shown positive results since inception and can become an even bigger earner with owner/operator participation and active marketing. Wine and beer license.
The spacious 2,500 sf ground level can accommodate more than the 76 it currently serves with a little planning. In addition, it has license to serve outside.
The 10 year lease has 7 years remaining.
Owner has no time to devote to business.
Full kitchen, open space can be converted into any type of restaurant set-up.
Considerable considering absentee owner situation.
Main Office
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
Connecticut Office - Hartford
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
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1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
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Philadelphia, PA 19102
Phone: 215-388-2334
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