25.48% CAP to purchase a successful NYC Restaurant Chain

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25.48% CAP to purchase a successful NYC Restaurant Chain

Specialist · NY · Member since 2018 · 59 posts · 18 votes

This is for an owner/user, so of course someone very experienced in the restaurant world.

Purchaser would be getting 3 locations in NYC (Greenwich Village, Upper East Side, and Williamsburg, Brooklyn).

NOI is $1,223,000.

Inventory value is $150,000.

Asking price for is $4.8MM. This would get you all 3 locations.

All 3 locations are currently leased at $43,330 per month. Extensions available until 2023.

6 Full-time Employees 66 Part-time Employees.

Rated 4.5 out of 5 stars on Google, Trip Advisor, and Yelp.

NYC Health Rating - "A" for all locations.

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  • Las Vegas, NV · Member since 2017 · 150 posts · 10 votes
    8y

    What type of food?

  • Specialist · NY · Member since 2018 · 59 posts · 18 votes
    8y
    Originally posted by @Mark Wilder:

    What type of food?

     Mexican.

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