MergerPlace

2 Restaurants – Bar & Grill + Fast Food

New York (Livingston)


  • Asking Price: $220,000
  • Gross Income: $354,665
  • Cash Flow: $70,035
  • Real Estate: Not Disclosed
  • Inventory: $18,000
  • FF&E: $223,457
  • Listing ID: #200074
  • Established: 2012
  • Employees: 4 FT / 5 PT

Business Description

Restaurant #1: Opened its doors in 2012 after a complete remodel and updates. Bar & Grill that serves steaks, stuffed burgers, Fish Fry on Fridays and Wine Nights on Thursdays.

Restaurant #2: Caters to locals with pick-up and delivery. Specializes in subs, pizza, wraps, salads and appetizers.

The restaurants are located on a high-traffic thoroughfare, as well as next door to each other, which makes combining menus an easy task.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New York
County: Livingston

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT / 5 PT

Financial Information

Asking Price: $220,000
Gross Revenue: $354,665
Cash Flow: $70,035
FF&E: $223,457
Inventory: $18,000
Seller Financing Available: No

Property Information

Facilities:

Recently remodeled 2,000 sq. ft. and 1,850 sq. ft. buildings. Restaurant #1: Total rent of $380.20/month. Restaurant #2: Total rent of $421.82/month.

Growth & expansion opportunities:

Extending hours of operation would increase revenues. Also, expanding the catering and delivery service would be beneficial.

Competition:

There are a few restaurants in town with different concepts/food options.

Reason for selling:

Other business interests

Support & Training:

The seller offers a minimum of 1 – 2 weeks of training to provide for a smooth transition.

Contact Business Seller

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Business Listed By:

Cathy McClung

Klassen Ingalls