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  • RE:  Well Known 24-Year-Old Kosher Restaurant
  • Contact:  Elliot Dweck
Owner Financing is Available!
Owner Terms: $225,000.00 Interest: 8% Term Months: 24 Monthly Payment: $10,176.00

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,336,556
Net Profit: Not Disclosed
Cash Flow: $303,753
Total Debt: Not Disclosed
FF&E: 50,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 9
BBN Listing #: 13064169
Broker Reference #: 189597-232148

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Business Overview:

Very successful Glatt Kosher deli and catering business with an outstanding reputation built over the last 24 years. The business generates $1.3M in total sales with over $300K in profit. The catering portion of the business is very lucrative as they are well known in the community and have many repeat customers for weddings, Bar Mitzvahs and corporate events. The restaurant is located in an upscale neighborhood and has a below market lease. The owner will finance up to 50% for qualified buyers and the price includes $50K in catering equipment.

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Property Features and Assets:

Monthly Rent:$2,945.00; Square Units (Foot, Meter): 2,000; Lease Expiration Date: December 30, 2025, 9:00:00 PM.

Reason for Selling:

Retirement

Additional Details:

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

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