Busy Bronx Diner / Great Location/Newly Renovated

Not Disclosed, NY
Bronx County


Asking Price: Annual Revenue:
$275,000 $1,426,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Busy Bronx Diner / Great Location/Newly Renovated Broker: Ricardo Molina
Owner Financing is Available!
$100,000.00

Quick Facts

Asking Price: $275,000
Annual Revenue: $1,426,000
Net Profit: Not Disclosed
Cash Flow: $152,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 15
BBN Listing #: 214935879
Broker Reference #: 6842-673431

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Business Overview:

Beautiful newly renovated from the ground & up. Located just outside an industrial section of The Bronx with nearby distribution companies, government offices, schools and residential community. Just a few steps away from the train station catching the morning commute traffic. Furniture, Fixtures and Equipment in marvelous condition and are new. Direct marketing is performed using the USPS. Great online reviews! The food is amazing and service is compared to no other.

Double Grill, Double Stove, etc. Huge clean basement with a vast amount of dry storage space. One Walk-In Fridge with plenty of room to add a Walk-In Freezer. Two AC units. New Boiler. Grease Trap in great condition.

2,800 Sq. Ft. (Ground floor & Basement). 10 yr.lease with 6 yrs. remaining. $450,000 build out paid cash. Low rent rate.Taxes are included in monthly rent rate. Open Monday - Sunday 5:30 am - 10:00 pm. Revenues comprise of food and beverages only. No liquor license! 15 employees (3 PT / 12 FT). 6 delivery workers. 4 Delivery workers during the AM hours. 2 Delivery workers during the PM hours.

Sales are verifiable along with a complete list of Vendors. All offers are to be considered.

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Property Features and Assets:

Owners are well massaged in the Restaurant/Hospitality industries. Prior to opening this amazing Diner, they have established a chain of Mexican Cuisines in NYC.

Reason for Selling:

Health

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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