Prominent Fast Food Restaurant Doing $1M! Bid Deadline July 15th

Listing Number: 189597-411776

Listing Details

Prominent Fast Food Restaurant Doing $1M! Bid Deadline July 15th
Price: $300,000
Location: Richmond County, New York
  • Down Payment: $200,000
  • Sales: $980,284
  • Seller's Discretionary Earnings: $212,960
  • Inventory: $10,000
  • Furniture, Fixtures, and Equipment: $150,000
  • Rent: $4,919
  • Employees: 11
  • Year Established: 2016
  • Reason for Selling: Retirement

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Business Description

BID DEADLINE July 15th!!!! Fast casual restaurant located on a high traffic street on Staten Island. The neighborhood population is growing, but the sales are growing even faster. Unlike many other restaurants for sale, these sales are provable. They do virtually no marketing right now, so the potential is tremendous. There is a long term below market lease in place with a very friendly landlord. If you are an experienced restaurant operator, this could be the best restaurant deal on the Island.