Greek Cafe in Booming Neighborhood Doing $47K a Week ABSENTEE - 100% Verifiable Sales
New york (New York)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11687
Business Type:
Established Businesses
Business Category:
Restaurant/ Cafes
State:
New york
County:
New York

Other Information

Financial Information

Asking Price:
$900,000
Gross Income:
$2,288,000
Cash Flow:
$304,400
Seller Financing:
 

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Business Description

This 18 month old store is beautifully built with no expense spared and everything in the store is brand new.  Located in one of the hottest neighborhoods in the city this store averages $48,000 a week being open from 11am-11pm everyday.  The store is run 100% absentee by a manager that gets paid $1700 a week, and 100% of the sales are verifiable through their POS system.  The restaurant recently received its beer & wine license and the sales are steadily rising.  Sized perfectly at around 1000 sqft, plus a full basement, there are 40 seats to accommodate the crowds.  The rent is way way below market value at $7950 a month for this stunning corner in this bustling, high energy NYC neighborhood.  The sellers put all there hard work and sweat into this cafe, and now its your turn to reap the rewards.  

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11687

Business Listed By

Bob Patel

Email this List   917-642-6400
Email this List   5163421648
Email this List   bob@eastcoastbusinessbrokers.com
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