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Halal Restaurant In New York For Sale

New York, US
Asking Price:
$150,000 Inventory / Stock included
Sales Revenue:
$445,000
Cash Flow:
$81,000

LISTING ID # 36065

A halal food restaurant is located in an overcrowded area in Queens County, presenting an excellent opportunity for a buyer who wants to start their business venture in the halal food industry. The halal food industry has become a multi-billion dollar industry. The business offers a diverse menu, including halal gyro, platters, sandwiches, tender chicken, chicken nuggets, salad, wings, and several side dishes. The area is home to communities from India, Pakistan, Bangladesh, Afghanistan, and many more from the Arab community. The rent is $3,000 and it has a size of 1000 sq. ft., along with seating arrangements. The gross sales are over $1200 daily, with a decent profit margin. The weekends are extremely busy. The seller, due to personal reasons, has to return to his native country, but he is willing to provide financing. After paying all the expenses, the seller's net cash flow is over $80,000 a year.

Business Operation

Reasons for selling:

Personal

Employees:
2 FT/2 PT
Years established:
2

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

80,000.00 Down & A note of $70,000 at 9% for 36 months

Furniture / Fixtures value:
$80,000
Inventory / Stock value:
$5,000 - included in the asking price