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Est Mediterranean Restaurant Large Takeout Bus
Location: United States -> New York -> New York City Area -> Forest Hills
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

7 yrs established Mediterranean food restaurant with a large takeout business/deliveries and with great reviews. Located on a small commercial strip in a highly residential area. Fully equipped, 29 seats. 2 split a/c + cac. Newer pos system. Inventory and equipment included in the sale, 900 sqft + full basement , great business opportunity to get your investment back in a year's time.

Business age:7
lease years:5
inventory:y
seats:29
annual income restaurant
$450,000
total expense:
$165,300
net income:
$284,700

expenses:
rent:$42,000
fuel:7200
electric:$14,500
main/repairs:$500
insurance:$3,100
payroll:$90,000
misc:$2,000


Financials

Asking Price Range:  < $250K
Gross Revenues:   $450,000
Cash Flow:   $284,700
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  N/A
Seller Financing:  No

About The Business

Year Established:  2011
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Retirement




Print Listing Id: 700324786
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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