Healthy QSR & JuiceBar for Sale in Manhattan-26587

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$699,000 $2,080,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Healthy QSR & JuiceBar for Sale in Manhattan-26587 Broker: Jay Goldman
Owner Financing is Available!
$699,000.00 Down & Please make your best all down offer!

Quick Facts

Asking Price: $699,000
Annual Revenue: $2,080,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 12
BBN Listing #: 8534447
Broker Reference #: 26587

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Business Overview:

Located in the heart of one of Manhattan's most vibrant neighborhoods, this Healthy Restaurant and Juice Bar is just 1 of 4 locations for sale, all of which are operating successfully. Please see listings 26583, 26584 and 26588 for their specifics. The residential building that houses this location got shut down a year ago by the NYC Department of Buildings due to a gas leak, which eventually led to all of its pipes having to be replaced. The financials represented here are from when this businesswas fully operational. Doors are going to open again any day now once new meters are installed. In the meantime, major upgrades were made to the facility. As business is returning to previous levels, the sellers have reduced the ask from $1.15M down to $699,000, You may operate under the chain's brand name or re-purpose the location to implement your own concept. The owners will entertain the sale of individual stores or all of them as a package. 55% of the business is delivered through the likes of GrubHub/Seamless and UberEats, 30% is paid in-store by credit cards, and 15% is in cash. There are 10 years left on the lease. Rent is only $13,200/month for 800 square feet at street level and 1,200 in the basement. The owners have assembled a great team of employees, who run this and their other stores with only moderate supervision. Please do not say anything to the employees and customers when visiting a location, as they do not know it is for sale. Then, contact the listing broker, Jay Goldman, to make an appointment to speak with the sellers and get a full tour of the facilities. Please contact Mr. Goldman. Please use email reply button of this ad to contact us.

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Reason for Selling:

Retirement

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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