Greek Restaurant In Beautiful Neighborhood
Location:
United States
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New York
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New York City Area
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Queens
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
The new owner can go home with $250K a year! With only $150K down, it's less than a 2 year return on your investment. A turnkey operation, anyone who is business minded and loves Greek food, can run this operation. A new owner has to learn the day-to-day operation and business will continue. This beautiful Greek restaurant for sale offers the following to its new owner: prime location in beautiful and safe family oriented neighborhood, great return on investment with only $150K down and $250K net income that can payback the total investment in less that 2 years! This restaurant will make you feel like you are in a town in Athens, Greece! The decore is lovely, with pleasant wall images & colors inside the restaurant, sheltered seating outside in the rear, with flowery ambiance. Established in 200, this family business offers a variety of hot & cold appetizers like Melizanosalata (eggplant dip) and Keftedakia (Greek breaded meatballs) among many others, a variety of soups and salads, sandwiches like Falafel & Seftelia, and mouth watering entrees and specialties along with delicious desserts! They also do catering for every occasion. Due to the value in asking price, equipment, net income and low down payment required to acquire this operation - this won't last! Act now by emailing or calling Morris Radoszycki of First Choice Business Brokers at 914-358-3550!
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$700,000
Cash Flow:
$250,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $125,000
Seller Financing: Yes
About The Business
Year Established: 2000
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700108934
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