New Franchise Restaurant For Sale 12266

Location: New York, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $1,500,000
Cash flow: $506,600
Revenue: $1,400,000
Gross Income: Not Disclosed
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

New Niche Major Franchise Food style restaurant just under 5000 square feet located in one of New York most upscale malls. Must see to appreciate! This beautiful restaurant cost over 1 million dollars to build and is open less than a year and numbers are growing out of control. Seller projects numbers can go up as much as another 30 or 40 percent or more. Seller prefers to find partner to build second location or will consider to sell. This restaurant offers a full bar plus private and VIP type very upscale dining areas as well as a private party room. This Niche business operates with a very low payroll and food costs are under 22 percent. Seller has no food experience and there are several ways to quickly grow this business. This restaurant now offers short hours of operation and offers no entertainment. This is a gold mine of a chance to own one of New York areas best restaurant of its kind.
Please present proof of funds. 20 year lease with great terms and offer unlimited parking, seller only works as a host! Contact Broker Jim Aloi for more info.

General Information

Reason Selling:

Number of Employees: 25
Year Established: