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Listing Details - RESTAURANT BUILDING WITH RENTAL APARTMENTS
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RESTAURANT BUILDING WITH RENTAL APARTMENTS
(Restaurants, Fine Dining; Restaurants, Full-Service Restaurants; Restaurants, Pizza Shops)
BRONX , NEW YORK - New York, Bronx
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
H10200 |
| Status: |
Sold |
Listing Details
| Listed Price: |
$1,200,000 |
| Down Payment: |
$200,000 |
| Total Sales: |
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| SDE: |
$66,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$200,000 |
Included? Yes |
| Real Estate: |
$1,200,000 |
Included? Yes |
| Inventory: |
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Included? No |
| A/R: |
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Included? |
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| Reason for Sale: |
THIS IS A TERRIFIC RESTAURANT OPPORTUNITY.
THE BUILDING HAS TWO THREE-BEDROOM APTS THAT ARE RENTED OUT AND THE FULLY EQUIPPED RESTAURANT THAT CAN BE AN ITALIAN, INDIAN, MEXICAN OR SPANISH RESTAURANT AS THE NEW OWNER REQUIRES.
THE CURRENT OWNER HAS RE LOCATED AND THE BUILDING IS FOR SALE BY THE MORTGAGE HOLDER. |
| Training: |
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| Financing Terms: |
FULL FINANCING BY THE CURRENT MORTGAGE HOLDER |
Operations
| Year Established: |
2000 |
| Last Acquired: |
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| Form of Ownership: |
MORTGAGE HOLDER |
| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
Yes |
| Online: |
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| Employees: |
Full Time: / Part Time: |
| Managers: |
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| Hours: |
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| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
BRAND NEW LEASE OR OWNERSHIP |
| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
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| Facilities: |
BEAUTIFUL NEARLY NEW BUILDING WITH TWO 3 BEDROOM RENTAL APARTMENTS FULLY RENTED. THE RESTAURANT SPACE CAN BE ALTERED TO SUIT.
THE BUILDING IS 5800 SQUARE FEET. |
Summary
| Business Description: |
THIS LOCATION IS PERFECT FOR AN ITALIAN, MEXICAN, INDIAN OR ETHNIC RESTAURANT. THE NEW OWNER HAS THE OPTION TO MAKE IT WHATEVER HE NEEDS. |
| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
NO MEXICAN, INDIAN OR ETHNIC TYPE RESTAURANTS IN THE IMMEDIATE AREA.
THIS LOCATION IS A WINNER FOR ANY OF THOSE TYPES. |
| Potential Growth: |
UNLIMITED |
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