Kosher Mediterranean Cafe with Loyal Customers

New York, NY
New York County


Asking Price: Annual Revenue:
$275,000 $275,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Kosher Mediterranean Cafe with Loyal Customers Broker: Bob Dunphy

Quick Facts

Asking Price: $275,000
Annual Revenue: $275,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 3
BBN Listing #: 186635879
Broker Reference #: 6842-35633

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Business Overview:

A Hell’s Kitchen staple for 25 years, this cafe continues to delight with Kosher Mediterranean food, including pita bread baked on-premises and home-grown recipes made with the freshest ingredients. Tour buses and locals alike enjoy the neighborhood atmosphere and friendly service. Specialties include falafel, fresh hummus, shawarma gyros and baklava. Takeout, delivery and table service is available.

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Property Features and Assets:

Strong local brand name with an excellent reputation. Great, inexpensive location in Chelsea/Flatiron. High repeat business from loyal customer base. Includes FF&E & leasehold improvements.

Market Competition and Expansion:

Revenue growth can be driven by more aggressive local marketing, addition of wine & beer liquor license, adding Seamless Web & GrubHub and staying open later on Fridays and opening on Saturdays.

Reason for Selling:

Retiring

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.

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