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Business For Sale

FAST FOOD

Attn: Vito Mastromonaco
New York , NY, USA
Listing Number: "3659vm"
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Asking Price: $125,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Investment that owners can not give time to.
Year Established: 2006
# of Employees: 8
Yearly Cash Flow: $74,700
Yearly Gross Income: $575,000
 

Business for Sale Overview:

Undervalued lease - $1,500 month savings to a buyer for 6 more years. Security deposit of $27,000 included in purchase price. This entity is a super deal. Inexpensive food cost menu pasta/macaroni plus cheese, salads, wraps to hamburgers/fries. Food and beverage cost about 18% extremely busy foot traffic in front of door (7th Avenue) only about 12 feet wide, does the business associated with a 40 feet restaurant store front. Place can be rearranged and improved inside to make it more receptive to customers. With the $27,000 security deposit included brings selling price to less than $100,000 – making it a good return on investment in Manhattan.


Market Competition and Expansion:

Competition: Food eateries abound on this heavily walk traffic area of NYC, 7th Avenue. This place has the advantage of having an undervalued lease for next 6 years. Expansion: As the place is small – busy at all times – delivery has to be emphasized.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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