NYC Burger Restaurant Now ONLY $60,000
Location, location, location… this corner has it all! Low rent, corner location, hospitals, high-rise buildings, foot traffic, offices, simple menu, all make this burger business a great opportunity. This Burger Restaurant use to do $1.3 Million in revenue when it was owned by an experienced restaurateur. Over the last 5 years of ownership with the current non-experienced operator revenue has declined, and food and labor costs have gone up. For an experienced operator, this location has incredible potential, a proven past and you are only paying for the reality of today’s P&L Statement. With sales of $880,000 (in 2019), rent is less than 8% of sales. COVID 2020 NUMBERS ARE BARELY OFF – STILL DOING OVER $800,000 FOR 2020. What an opportunity at $60,000!! Call about listing 14285.