Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Mediterranean Qsr In New York For Sale

New York, US
Asking Price:
$250,000
Sales Revenue:
$789,843
Cash Flow:
$180,000

Established Mediterranean QSR. Price Reduced! Very simple menu. Fantastic reviews. Only open Tu-Sun from 4pm-9pm, dinner service! For the past 12 years, this business owner has perfected his recipes and production and it shows. The business has the clean and sleek branding you would expect of a national franchise. The location is fantastic, but the food is better. This spot is located within walking distance of a major Brooklyn attraction. It is surrounded by residential apartments. The space is 950 sf plus a basement. This business sale includes a customer app to process orders, deliveries, and pick-ups. This helps to manage the traffic flow. The space has a full kitchen, with equipment in perfect working condition. In the most recent 12 months sales were approx. $789,843.00 with an owner’s cash flow of approx. $180,000.00. They just brought back outdoor seating for 20 and sales have surged over 25%.

The overhead is minimal. A well-qualified tenant may obtain a new 10-year lease with a rent of $3,000/month. There is a full staff of 6 in place. The seller may consider seller financing for a well-qualified buyer with experience. We are seeking a serious and financially qualified buyer with at least $250K in liquid funds. The ideal buyer would have experience in the food service industry. Proof of funds for at least $250K will be requested before any buyer-seller calls or meetings are scheduled. All meetings must be made by appointment only!

Business Operation

Reasons for selling:

Relocation

Employees:
6 PT
Years established:
12

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$7,500