Established Restaurant - 29744

New York County, NY
New York County


Asking Price: Annual Revenue:
$550,000 $1,050,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Restaurant - 29744 Broker: Bryn Jones

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,050,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 19294447
Broker Reference #: 29744

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Business Overview:

This exceptional, highly successful, Kosher Restaurant is now on the market as the Owner wishes to move back to Israel. The restaurant seats 100 in two spacious dining rooms which are furnished in warm brown tones, saturated with light from dangling sconces and art-deco chandeliers. During the day, the restaurant has a sunny ambiance with a steady crowd of ladies and business lunches and at night you will find a more classy feel, ideal for couples and families. When the restaurant gets full, the second dining room is used for a more spacious dining experience or for private parties such as Sheva Brachos and special occasions. For privacy, there is a separate entrance for the party room. Wine & Beer License. No bar with seating. Outstanding 10 lease for buyer. Open Sunday - Monday - Tuesday - Wednesday - Thursday - Closed Friday, Open evening Saturday. 30% of business is private parties and catering at a very high profit margin. Only serious buyers knowledgeable in kosher restaurant operations should inquire, and be financially able to provide Proof of Funds equal to 75% of the asking price. Very nice operation. Please contact the broker or email us.

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Reason for Selling:

Seller too busy.

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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