Successful Restaurant with Full Bar
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Background
| BizEx ID: | BizEx461-SM |
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| General Location: | Pearl River, NY |
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| Category: |
Restaurant
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| Years in Business: | 27 |
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| Under Present Owner: | 7 |
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| Hours of Operation: | 11 am - 10 pm |
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| Owner Hours: | Varies |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | Sept 2016 |
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| Lease Options: | 1- 10 year option |
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| Building Size: | 3,400 |
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| Employees: | 10 |
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| Reason for Sale: | Relocation |
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Financials
| Asking Price: | $295,950 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $429,428 |
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| Discretionary Cash Flow: | $154,725 |
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| FF&E: | $172,090 |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $3,450 |
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| Payroll: | $18 |
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| Financing: | Call |
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|
2011 | 2010 | 2009 |
| Gross Sales |
$ 444,498 | $ 581,963 | $ 589,989 |
| Gross Profit |
$ 304,425 | $ 453,904 | $ 452,883 |
| Disc. Earnings |
$ 154,725 | $ 200,416 | $ 208,073 |
Shelli Margolin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct: 310-882-2200 x128
Lic#: 00902695
OFF MARKET
