Business For Sale

Gorgeous Award Winning Restaurant - 23971

Dutchess County, NY
Dutchess County


Asking Price: Annual Revenue:
$550,000 $1,408,471

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Gorgeous Award Winning Restaurant - 23971 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,408,471
Net Profit: Not Disclosed
Cash Flow: $224,133
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 3
BBN Listing #: 96204447
Broker Reference #: 23971

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Business Overview:

Gorgeous Award Winning Restaurant. For the past 6 years, this hot spot has been attracting crowds with their authentic, inspired cuisine, impeccable service and festive atmosphere. Over $2million was spent in the build out, from kitchen to dining room. The 4,800 square feet ft space offers seating for 178, a full bar, and several private dining areas for parties of all sizes. It must be seen to be appreciated. Tease with a minimal CPI increase every 2-3 years. 2012 gross sales were reported as $1,408,471.00 on the corporate tax return. An estimated net profit of $224,133.00 can be realized by an owner/operator who stays on top of food cost and labor. That is the buyer we are seeking. A restaurateur with an eye for details and proof of liquid funds. All buyers will be required to sign the seller's NDA prior to receiving the exact address.

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Reason for Selling:

Personal.

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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