NYC Casual Dining Franchise - $500K Asking Price, $2.27M Revenue

This listing presents a unique opportunity to acquire a well-established casual dining franchise restaurant located in New York City. The brand boasts a long history, founded in 1953, with a vast network of over 1,600 locations nationwide. This particular unit, established in 2017, is currently operated semi-absentee, allowing the owner to focus on other ventures. The business benefits from a long-term lease and franchise agreement. While currently operating 12-13 hours daily, there is substantial potential to increase revenue and profitability by extending operating hours to 24/7, implementing cost-saving measures, and leveraging the buyer's prior food service experience. The asking price is $500,000, with reported gross revenue of $2,275,000 and a cash flow of $330,184. Property is included in the sale.