Gourmet Fish and Chips Restaurant – Lower Manhattan

Price: $85,000

Location: New York, New York

Industry: Food and Restaurants

Listing ID: 04272021

THIS BUSINESS IS SOLD

A new fast casual gourmet fish and chips restaurant located in Lower Manhattan, NYC. A high traffic neighborhood area with nearby parks and bars. The business operates in 800 sq ft facility. The menu is extensive including a mixed variety of fish entrees, sandwiches, platters, seafood, soups, desserts and more.  The restaurant also provides catering service that is perfect for any size occasion. The restaurant is approved to operate by the Department of Health.  It provides delivery through Grubhub, Uber Eats, and Door Dash. This business is open Monday – Saturday 11am – 12 Midnight.  Sunday 11am – 10pm.

This restaurant benefits from excellence in customer service.  Seller will provide hands-on training to ensure a smooth transition.

For more information, please contact: msussman@inbargroup.com

• Asking Price: $85,000
  • FF&E: $87,000
  • Annual Cash Flow: $78,000
  • Gross Revenue: $275,000
  • Inventory at Cost: $4,000
  • Employees: 2 FT
  • Monthly Rent: $5,500
  • Security Deposit: $11,000
  • Payroll: $3,000 per month
  • Down Payment: Negotiable
  • Open: 7 Days a week
  • Building Size: 800 Sq Ft.
  • Established: 2020

Reason for Selling: Owner is pursuing other opportunities.

Gross Revenue: $275,000

Cash Flow: $78,000

FFE: $87,000 (Included in price)

Inventory: $4,000

Reason for Sale:

Owner is pursuing other interest.

Training & Support:

Owner will make a smooth transition with providing training and support.

Year Established: 2020

Days & Hours of Operation: This business is open Monday – Saturday 11am – 12 Midnight.  Sunday 11am – 10pm. 

Non-Owner Payroll: $3,000

Employees: 2 FT

Security on Lease: 11000

Monthly Rent: 5500

Type of Location: Single location

Square Footage: 800 Sq Ft

Potential Growth:

There is plenty of room for potential growth.