Listing ID: 35377

Business Overview

Business Description
– Does 20k a week, high-profit margins on items. Sales double during holidays
– 2,800 SQ FT with huge full basement and a great long 14-year lease
– Extremely popular neighborhood restaurant for over 50 years, loyal customers for generations
– 2 walk-in boxes, deli section, full kitchen, seating for over 50 people
– Serves sandwiches, wraps, salads, soups, steaks, and a lot more high margin items
– Located in a prime hot location close to schools, offices, churches, apartment buildings, etc
– Massive catering business during holidays
– No beer and wine license, new owner can increase sales tremendously with license in place
– No website presence for online sales, lots of value add opportunity here
– Health issues cause sale and aggressive price
– Listing ID:#CRR01

**SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR EXACT LOCATION**

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at chris.empirebusiness@gmail.com. Our buyers are already qualified and willing to invest their time and money towards a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

Financial

Seller Financing Available

  • Asking Price: $229,000
  • Cash Flow: $175,000
  • Gross Revenue: $1,050,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:2,800
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Has a full-size basement, 2 walk-in boxes, deli section, full kitchen, seating for over 50 people

Opportunities and Growth:

The weekly sales DOUBLE during Jewish holidays

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