High profit, Absentee owner. (K town) - Business for Sale
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Food and Beverage Business in Midtown New York, NY
New York, NY, US
Added 26 days ago
Restaurant or Bar
31 years in business
Absentee / Semi-AbsenteeRetiring Owner
This is a food and beverage business located in New York, NY, operating for 31 years on a busy Midtown street with absentee ownership and a simple menu.
Key Information
Asking
$1.3M
Revenue
$2.3M
Earnings
$450K
Multiple
2.9x
Key Highlights
- Business has been established for 31 years
- Located in New York, NY
- Business operates with an absentee owner and is managed by a manager
- Weekly sales are approximately $40,000
- Business holds a liquor license
Contact Info
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