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Business For Sale
HIGH END RESTAURANT AND CATERING FACILITY
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Asking Price: |
$700,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Focus on primary business |
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Year Established:
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1968 |
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Yearly Cash Flow:
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$174,000 |
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Yearly Gross Income:
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$1,000,000 |
Business for Sale Overview:
This beautiful high end restaurant in an up scale neighborhood has been completely renovated at a cost of over $1,500,000. The kitchen is big enough to handle outside catering as well as servicing the existing 180 seats. The bar is inviting and offers the potential for a good late night clientele. The facility currently has a Cabaret License which opens a number of possibilities for the right owner. This is a completely turn key operation. With the restaurant's great reputation and unique setting this will not be available for long.
Property Features and Assets:
Beautiful totally renovated facility with new kitchen and high end appointments. 180 seats and gorgeous bar.
Market Competition and Expansion:
Expand catering and menu. Offer kosher menu. Advertise.
Additional Details:
- The property is leased.
- The owner may be 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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