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Business For Sale

Restaurant & Bar in Busy Corner Location

Westchester County, NY, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$140,000
$640,000
Not Disclosed
$130,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
4 Full Time, 5 Part Time
478926891

Business for Sale Overview:

Very Attractive Restaurant & Bar with stylish interior in Lower Westchester. They have their cabaret license for live music and dancing. Seating for 65 people inside (including 10 at the bar) and seating for 100 people outside. Rent is only $3,650 per month which includes heat, real estate taxes, and water. They have 15 years left on the current lease including the 5 year options. This is located on the corner of two very busy streets. 1,900 square feet for restaurant plus additional 750 square feet basement. Point of Sale computer system. High margin drinks represent almost 40% of their business.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Market Competition and Expansion:

They are only open for Dinner and Sunday brunch so a new owner could open up more hours if desired to increase business.

Reason for Selling:

Illness

Additional Details:

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

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