High class, elegant, Halal Turkish/ Middle Eastern Restaurant with catering including a mobile style and a special party room which is also used for a weekend night club with disc jockey and belly dancer. Growth potential by adding a hookah bar and getting a liquor license to replace BYOB. Bargain selling price for quick sale due to family unpleasant situation. Can be checked out on Google Video: Istanbul Flanders
- Asking Price:
- $575,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,100,000
- Cash Flow:
- $573,960
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3+5+5 years
- Leasehold Rent:
-
$48,000 per annum
- Living Accommodation:
-
Equipment and furnishings in very good condition.
- Location:
-
Morris County
- Premises Details:
-
2900 Sq. Ft. at very reasonable rent and lease of 3+5+5 years. In large strip shopping mall with plenty of parking.
- Size in square feet:
- 2,900
Business Operation
- Expansion Potential:
-
Add a hookah bar, get a liquor license, reactivate the weekend night club and advertise.
- Competition / Market:
-
None around
- Reasons for selling:
-
Unpleasant Family Situation
- Trading hours:
-
Mon-Sun 11AM - 10PM
- Employees:
- 6 F/T, 4 P/T
- Years established:
- 7
Other Information
- Support & training:
-
Will provide two weeks to a month training.
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $4,000 - included in the asking price
