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Greek Mediterranean Restaurant
Location: United States -> New York -> Nassau County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

A Profitable Mediterranean Greek Restaurant located in the heart of Nassau County is for sale. The business operates ABSENTEE. This beautifully decorated restaurant is open for lunch and dinner offering specialty Greek and Mediterranean dishes. Tremendous potential to increase delivery business.

There is seating for over 60 customers. The business already has a loyal, growing following, including surrounding residents and businesses, hotels, hospitals. The business offers Dine In, Take out, and Delivery. There is a complete kitchen and equipment with walk-in freezers and coolers, overextended hood, charcoal grill, and more.

Rent for this 1800 square foot restaurant is only $4230 per month and they have an 8 year lease with a 5 year option. It could be adapted to other types of cuisines such as Italian, Middle Eastern, Thai or any other concept. Seller wishes to pursue an alternate career path and is willing to share recipes and train a new buyer. Please refer to listing #12839 when inquiring about this listing.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $625,000
Cash Flow:   $125,000
Cash Flow Type:  EBITDA
Inventory:  $300,000
Seller Financing:  No

About The Business

Year Established:  2005
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




Print Listing Id: 700258783
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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