Trendy, Hip, Urban Eating Establishment
Trendy, Hip, Urban Eating Establishment
This is an outstanding opportunity to buy this turnkey operation American restaurant - bar that has established its own niche and clientele, is working great and still offers so much room for growth: breakfast and lunch can be introduced, very marketable, can be turned into a franchise.
Location
Country: | USA |
State or Province: | NY |
City: | Astoria |
Location Zip or Postal Code: | 11103 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Trendy, Hip, Urban Eating Establishment |
Year Established: | 3 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 1600, Square Feet |
Patio: | Yes |
Number of Employees: | 11-50 |
Hours of Operation: | Mon - Wed 4 PM - 2 AM Thurs - Fri 12 PM - 2 AM Sat - Sun 11 AM - 2 AM |
Growth or Expansion Opportunities: | Tremendous Opportunities For Growth |
Reason for Selling: | Too many business projects |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Financial Details
Asking Price: | $699,000 |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Value included in price?: | Yes |
Vendor Financing Available: | Yes |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 6 years |
Total Monthly Rent: | $6,800 |
Financial Comments (include any Financing information that may be useful): | 50% down Seller financing Motivated Seller |
Contact Listing Owner
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