Casual Dining Franchise For Sale in NYC

Queens County, NY
listing image
Asking Price:$500,000
Gross Revenue:$2,135,000
Established Year:2017
Cash Flow:$161,000
FF&E:$1,200,000
BUSINESS DESCRIPTION

A unique opportunity to purchase a casual dining franchise restaurant in New York City. The brand has been in business since 1953 and today they have over 1,600 stores open. The store opened in 2017 and is operating Semi-Absentee as the sellers own other retail establishments and cannot devote any time to this location. Long-term Lease and Franchise Term in place. Currently the store is open for 12-13 hours per day but it could be open 24 hours. Pre Covid sales were over $3m. There is a huge potential for a new owner to increase sales, cut costs and increase overall profitability. Buyer must have prior food service background. Please refer to listing number 15337 when inquiring about this opportunity.


DETAILED INFORMATION
Location
Queens County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Franchise
This business is an established franchise
Report an Issue with this listing
profile-img
Ken
Stein/Kensington Company
logo-img
Ken Stein/Kensington Company