Seller's Contact Information
- RE: New York Restaurant 65-70k Weekly / Roof Top
- Contact: Ken Stein
Quick Facts
| Asking Price: | $1,699,000 | |
| Annual Revenue: | $3,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $550,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 2,500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | 35 | |
| BBN Listing #: | 8564701 | |
| Broker Reference #: | 14551 |
Business Overview:
This busy ROOF TOP Restaurant is located right in the middle of it ALL, in a Triple AAA location, right where all the action is. Seating in different areas for over 440 people. With separate PARTY ROOMS. All and all there are about 9,000 square feet in this phenomenal restaurant. Multiple bars and doing close to 40% in liquor sales & 60% of food sales which is phenomenal when calculating food cost. The business is highly visible and on a main road- close to train station, shopping and so much more, reminding me of a NYC atmosphere. This business cannot be duplicated for the selling price of $1,699,000 with a ROOF TOP that sits about 100 people. The restaurant is doing a VERY healthy $65,000-$70,000 in weekly sales and NETS over $550,000. The ambiance in this establishment is second to none with an unbelievable ROOF TOP atmosphere. This type of eatery is EXTREMELY hard to duplicate and compete with. The seller has lowered the price to ONLY $1,699,000! This is a secure business as it has been established for 20 years. Please refer to listing #14551 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 not a franchise resale opportunity
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