Greek Fast Food Restaurant
Location:
United States
->
New York
->
Other New York
->
Nassau County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Privately Owned Greek Fast Food Restaurant for sale. Franchisable Concept. This location has been a Greek Restaurant for over 30 years. The current owners have come in and streamlined the entire operation just a few months ago. This has helped to increase the sales and brand awareness substantially. This is a stand alone location that could offer drive thru service. It has parking for over 30 cars outside and seating for over 20 inside. It is located in a very densely populated South Shore town. The facility is very clean with a full kitchen. It is a 300 sq. ft. building with a ten year lease, five year option to renew and only 3 % rent increases. The store is currently averaging $10,000 per week in sales. 2009 Projected Gross Sales are $520,000 with a Net of approx. $178,000. This an easy-to-operate, low-overhead business. The owners are flexible and motivated. Please email or call Mel Vaz today to learn more at 631-909-1095.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$520,000
Cash Flow:
$178,334
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1974
Number of Employees: 6 - 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Reason For Selling: Owner is relocating.
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.
|
Print Listing Id: 700115190
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
