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Fast Food – Restaurant for Sale* Ideal Investment*

East 86th St, New York, NY, USA
$349,000

Description

The Fast Food restaurant is immaculate, practically brand new, located in a busy upscale area with plenty of Business, Offices and Residential Apartments. This is a perfect opportunity for anyone looking to enter one of the best affluent markets in New York City with a full scale operation to maximize business profitability. This is a great opportunity to own an established Fast Food – Restaurant in a high traffic area of Upper East Side. This is a once in a lifetime opportunity for an owner-operator to take full advantage of this great business for a fully turn-key operation.

35 Years old food business location with a simple and profitable menu
Lease Expires 2023 but Landlord will renew it with a very reasonable terms
1,300 sq.f. with full storage basement plus back yard
Rent is $12,000 a month (including Property Taxes) with low security deposit.
Estimate Gross Monthly Income $75,000
Estimate Utilities $3,800 a month (including all insurances and advertising)
Estimate Supplies $7,000
Estimate design cost and equipment $150,000
Food Cost 20%!!!
Payroll $14,000. All Employee’s stay with you.
Full Delivery Service (35% from the business) will all deliveries companies plus own website!!!
Full training and proper transfer of business to you!!!
Business Hours 11.00 am to 10.30 pm // 7 Days

Asking Sales Price $349,000, only!!! Don’t Last…

For more details or a private showing contact me

  • Address: E 86th Street, Manhattan
  • City: Upper East Side
  • State/county: Array, Array
  • Zip/Postal Code: 10028
  • Neighborhood: Array, Array
  • Country: United States

Detail

Updated on November 16, 2018 at 4:09 am

  • Price: $349,000
  • Property Size: 1300
  • Property Type: Restaurant - Dinner
  • Property Status: Business for sale

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