$125k down for 2 Manhattan restaurants.

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$250,000 $4,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: $125k down for 2 Manhattan restaurants. Broker: Carey Davis
Owner Financing is Available!
$125,000.00

Quick Facts

Asking Price: $250,000
Annual Revenue: $4,300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 768035879
Broker Reference #: 6842-446731

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Business Overview:

$125,000 down at closing for TWO Manhattan fast casual locations! Sales well over $4 million dollars. Seller/Owner did not make a profit last year due to poor health of his wife. A solid operator can turn it around quickly back to the profitable previous years.

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Property Features and Assets:

The founder launched the first location in 2006 and the second in 2012. The fried chicken is delicious. Taste and compare against anyone you want. Rotisserie chicken and great small sides are available, too.

Market Competition and Expansion:

The owner is super fussy about highest quality and freshness. Everything made by from scratch. Only all-natural chicken. Potential Growth: Gross sales are near 4 and a half million dollars but sadly the locations didn't make a profit. This is a turnaround dream for the right operator. Franchise ready.

Reason for Selling:

Health

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.

Relevant Links:

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