Turn-key French Bistro with great ambiance Sutton Place (ID: 1037403)

FINANCIAL DETAILS
Asking Price: $450,000
Gross Revenue: $1,200,000
Cash Flow: $115,000
Inventory: n/a **
Real Estate: n/a **
FF&E: n/a **
Business Listed by Michael CrespoCitadel Property Management CorpView All of My Listings
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Business Description

Turn-key French Bistro with great ambiance in prestige neighborhood with huge local following. (Sutton Place) Perfectly located on a high traffic street in Sutton Place, this 1000 sq ft, turn-key establishment features an intimate, rustic dining area with a full service liquor bar (fully transferable liquor license). The space is tastefully built out with simple yet elegant d cor and great ambiance. Dining area seats 50 with 4 at the bar. Kitchen is fully operational and prepared for service with a 6 burner Garland range/oven, ansel hood, grills and low-boy refrigeration. Basement is equipped with prep area, liquor storage, walk-in box and work space. Restaurant has a substantial neighborhood following and loyal customer base. This restaurant is located in an established neighborhood with great traffic and is prime for purchase Listing Info: Type: Restaurant / Bar Asking: $585,000 Gross: $1,200,000 Rent: $6160 per month Lease: 8 Years Escalation: 3% Annual Full Liquor Licenses

About the Business

Year Established: 1999
Number of Employees: 14

Facilities: Features: Turn-Key Restaurant Prestigious Neighborhood Huge Local Following Full Liquor License Fully Vented w Hood Neighborhood Fav. Established Business Basement w Prep 9 Years on Lease Fully Equipped Walk-In Box Proven Money Maker

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LISTING KEYWORDS: Bar Restaurant Liquor Food Beverage food and beverage Lease kitchen beer wine

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