Business For Sale

Growing Chain of Cozy, Neighbrohood NYC Restaurant

New York, NY
New York County


Asking Price: Annual Revenue:
$8,900,000 $11,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Growing Chain of Cozy, Neighbrohood NYC Restaurant Broker: Bob Dunphy

Quick Facts

Asking Price: $8,900,000
Annual Revenue: $11,000,000
Net Profit: Not Disclosed
Cash Flow: $1,200,000
Total Debt: Not Disclosed
FF&E: $1,200,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 164
BBN Listing #: 707635879
Broker Reference #: 6842-47826

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Business Overview:

If ever a chain of restaurants could be labeled "Neighborhood," this is it. Every location is a warm, wecloming place to gather with friends, family or business associates. The staff is friendly and helpful and the food is the highest quality, plentiful and fairly priced. In a city of virtually non-stop hustle and bustle, these are places to slow down a bit before the next race begins.

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Property Features and Assets:

Almost 20 years old, it has grown quietly and organicallyto four locations to maintain the friends and family feeling of the locations, staff and clientele. They also have a catering division.

Market Competition and Expansion:

This is very unique restaurant with multi-generational appeal so four locations are just the beginning for an investor with vision. A local operator could expand the brand throughout Manhattan and the Tri-State area or it could be successful as a national chain or franchise brand.

Reason for Selling:

Retiring from restaurant business.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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