Casual Dining Franchise ReSale In NYC
Not Disclosed, NY Queens County
NYC
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- RE: Casual Dining Franchise ReSale In NYC
- Contact: Ken Stein
Quick Facts
| Asking Price: | $500,000 | |
| Annual Revenue: | $2,135,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $161,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 27 | |
| BBN Listing #: | 936773 | |
| Broker Reference #: | 15337 |
Business Overview:
A unique opportunity to purchase a casual dining franchise restaurant in New York City. The brand has been in business since 1953 and today they have over 1,600 stores open. The store opened in 2017 and is operating Semi-Absentee as the sellers own other retail establishments and cannot devote any time to this location. Long-term Lease and Franchise Term in place. Currently the store is open for 12-13 hours per day but it could be open 24 hours. Pre Covid sales were over $3m. There is a huge potential for a new owner to increase sales, cut costs and increase overall profitability. Buyer must have prior food service background. Please refer to listing number 15337 when inquiring about this opportunity.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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