Fast Food - Restaurant* Amazing TurnKey Location!!

Manhattan, NY
New York County

Upper East Side, Metro Area

Asking Price: Annual Revenue:
$349,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fast Food - Restaurant* Amazing TurnKey Location!! Broker: Sarantis Ballakis
License #: 10491202689

Quick Facts

Asking Price: $349,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: 10
BBN Listing #: 512556409
Broker Reference #: B 1002

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Business Overview:

The Fast Food restaurant is immaculate, practically brand new, located in a busy upscale area with plenty of Business, Offices and Residential Apartments. This is a perfect opportunity for anyone looking to enter one of the best affluent markets in New York City with a full scale operation to maximize business profitability. This is a great opportunity to own an established Fast Food - Restaurant in a high traffic area of Upper East Side. This is a once in a lifetime opportunity for an owner-operator to take full advantage of this great business for a fully turn-key operation.

35 Years old food business location with a simple and profitable menu
Lease Expires 2023 but Landlord will renew it with a very reasonable terms
1,300 sq.f. with full storage basement plus back yard
Rent is $12,000 a month (including Property Taxes) with low security deposit.
Estimate Gross Monthly Income $75,000
Estimate Utilities $3,800 a month (including all insurances and advertising)
Estimate Supplies $7,000
Estimate design cost and equipment $150,000
Food Cost 20%!!!
Payroll $14,000. All Employee's stay with you.
Full Delivery Service (35% from the business) will all deliveries companies plus own website!!!
Full training and proper transfer of business to you!!!
Business Hours 11.00 am to 10.30 pm // 7 Days

Asking Sales Price $349,000, only!!! Don't Last...

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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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