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Hip Restaurant With Full Bar & Outdoor Seating For Sale

New York County, New York, US
Asking Price:
$225,000 (USD)
Sales Revenue:
$989,991 (USD)
Cash Flow:
$182,833 (USD)

Throughout the Covid-19 pandemic, this Hip Restaurant with a Full Bar and Outdoor Seating continued to serve its loyal customers first on a take-out only basis and now also with limited seating inside and out as per NYC regulations. It can be purchased at a great value to its verifiable pre-pandemic cash flow, asking less than 1.25 times what can be proven on tax returns. The business also has a lot of upside, should you decide to make delivery service available, which the current owners chose not to do. In this day and age, internet delivery orders can account for a meaningful amount of a restaurant's revenues. As it is, food and alcohol that had been served on premises equally contributed to the top line. Everyone and everything is on the books here. You will find outdoor seating for 18, indoor seating for 22, plus another 10 at the bar. The basement is the same square footage as the restaurant and includes two freezers, two refrigerators, and plenty of dry storage space. The landlord stands ready to provide a brand new 10 year lease to a qualified tenant. Please do not say anything to the employees or customers when visiting the location, as they do not know the business is for sale. Please go to to become a premium member under listing 32679 to get its name & address.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32679 for instant access to this business information.

Business Operation

Reasons for selling:

After 9 years of being hands-on, the owners are ready to move on.

Employees:
8FT/4PT
Years established:
2011

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

225,000.00 Down & Please make your best all down offer!

Furniture / Fixtures value:
$50,000 (USD)
Inventory / Stock value:
$5,000 (USD)

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