Quick Serve Restaurant in Midtown NYC-33285

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$85,000 $520,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Quick Serve Restaurant in Midtown NYC-33285 Broker: Melvin L. Vaz
Owner Financing is Available!
$85,000.00 Down & Possible for a well qualified buyer.

Quick Facts

Asking Price: $85,000
Annual Revenue: $520,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: $2,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 3
BBN Listing #: 87884447
Broker Reference #: 33285

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Business Overview:

QSR with Hood - The owner built this business for a family member to operate, but that person has moved out of state. As such, he has decided to sell a fully equipped location that is currently profitable. You can keep the current concept and run with it or bring in something new. The giveaway price includes a 9.5 year lease at $9,270/month for an 800 square feet space with an 800 square feet basement, 6 burner stove with convection oven, 8ft open flame grill, deep fryer, steam display table, refrigerated glass salad display, refrigerated Bain Marie with storage, three compartment sink and 6 ft. high warm and cold, table, chairs, plus counter seating with stools, Toast POS ordering system with kitchen display and printers, six color digital cameras with on-line access, two flat screen menu boards, bathroom for staff and customers and much more. We are seeking a serious and financially qualified buyer with at least $115,000 in liquid funds to cover the $85,000 asking price and $30,000 in rent security. To learn more, please contact Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! Please use email reply button of this ad to contact us.

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Reason for Selling:

Primary operator has moved out of state.

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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