Restaurant/Cafe Business for Broker in Kings County, New York

Business:Restaurant/Cafe Business for Broker
County, State: Kings County, New York
Business Type: Restaurant/Cafes, Other Eating & Drinking Places, Retail

Summary Description

Very unique opportunity. Renowned family owned restaurant, near Madison Square Garden. This well located restaurant has served the famous, the locals, and the commuter for 31 successful years. When entering this old style location, you will take a trip back in time. Excellent food, served in a comfortable friendly, cozy environment. Housed in an old brick landmark style building, owned by the seller, this wonderful romantic restaurant, seating 85 patrons and a bar that seats 12, is a great buy for the serious operator. Owner ready to retire.

About the Sale

Asking price:$225,000 (USD)

Financing:None- all cash transaction

Total Revenues:$920,387 (USD)

Cash Flow:$713,251 (USD)

Reason Selling:Retiring after 31 years of successful operations

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Restaurant, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.