Destination Restaurant and Private Party Establishment-Growing

Location: Northern Westchester, Westchester County, New York

Primary Category: Retail - Restaurants
Secondary Category: Retail - Other Eating & Drinking Places
Your Reference ID: 466

Financial Information
Asking: $299,000
Gross: 1,000,000
Cash Flow: $110,000
Furniture, Fixtures & Equipment: 200000
Inventory: 5000 (included in price)

Summary Description
Stunning, well maintained restaurant and catering establishment. Located in Northern Westchester. Did a documented $996k in 2008. It grew in 2009 to just above $1 million! In this economy! Modern facility. Seats for 200. Growing Ala Carte restaurant too! Large patio for outdoor dining and events. Large amount of private parties. Take this to the next level.

General Information
Facilities: Beautiful park like setting. Not on a busy street. Plenty of parking. Seating for over 200 guests. Lease goes through April 2012 with one, 5-yr option.
Competition: This is a destination restaurant. It is capable and does a large number of weddings, private parties.
Support/Training: as agreed
Reason Selling: The owner has two other establishments
Year Established: 1985
Employees: 4-25

Contact Information
Contact: Steve Lovas
Phone: 914 552 0888
Email: slovas@chandalar.com
Prospect Contact Options