Sunday, May 20, 2012

Restaurants for Sale in New York, New Jersey and Connecticut

Deli/Cafe
(Restaurants, Cafes; Restaurants, Limited-Service Restaurants; Restaurants, Sandwich Shops)

Manhattan -

Seller Financing:
Lender Pre-Qualified:
Listing ID: 58293
Status: Active

Listing Details

Listed Price: $900,000
Down Payment:
Total Sales: $2,000,000
SDE: $340,000
EBIT:
EBITDA:
FFE: $175,000 Included? Yes
Real Estate: Included? No
Inventory: $5,000 Included? Yes
A/R: Included?
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Contact Information
Sid Mollin
1 Penn Plaza 36th Floor
New York New York 10119
Office: 212-473-5000
Cell: 646-734-7036
Fax:
Email: smollin@inbargroup.com
inbargroup.com
Send Email To Agent
Reason for Sale:
Training:
Financing Terms: TBD

Operations

Year Established: 1998
Last Acquired:
Form of Ownership:
Home Based:
Relocatable: No
Type of Location:
Absentee Owner:
Online:
Employees: Full Time: 10 / Part Time: 10
Managers:
Hours: 6 days, 8am to 8pm
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire: 12/31/2010
Option: 4 years
Lease Terms:
Lease Security:
Monthly Rent: $17,000
Square Footage:
Facilities: Approx. 1,400sf, seats 20 with outside seating along 30 foot frontage, full kitchen.

Summary

Business Description: Cafe/deli specializes in home made natural foods daily. Located in a highly trafficked area and also has a loyal clientèle.
Historical Summary:
Owner Qualifications:
Competition:
Potential Growth: Can add one more day to schedule.
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