High Class Halal Turkish Middle Eastern Restaurant

Not Disclosed, NJ
Morris County

In a Large Strip Shopping Mall


Asking Price: Annual Revenue:
$575,000 $1,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High Class Halal Turkish Middle Eastern Restaurant Broker: Solomon Sasson

Quick Facts

Asking Price: $575,000
Annual Revenue: $1,100,000
Net Profit: $573,960
Cash Flow: $573,960
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 9
BBN Listing #: 72602979
Broker Reference #: 7723 SS

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Business Overview:

High class, elegant, Halal Turkish/ Middle Eastern Restaurant with catering including mobile style and a special party room also used for 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.

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Property Features and Assets:

2,900 Square Feet at very reasonable rent and lease of 3+5+5 years. In large strip shopping mall with plenty of parking. Equipment and furnishings in very good condition, can be checked out on Google Video: Istanbul Flanders.

Market Competition and Expansion:

There are none around.

Reason for Selling:

Family situation.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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