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:


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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