Mediterranean Cuisine - Great Location!

Astoria, NY
Queens County


Asking Price: Annual Revenue:
$250,000 $1,560,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mediterranean Cuisine - Great Location! Broker: Ziggy Marszalek

Quick Facts

Asking Price: $250,000
Annual Revenue: $1,560,000
Net Profit: Not Disclosed
Cash Flow: $242,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 8
BBN Listing #: 82449666
Broker Reference #: 22534

Email or Print Listing

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Business Overview:

Location...Location...Location…Busy Astoria, Queens Location

This food establishment is located in a densely populated area in Astoria, Queens County, New York. It is situated on a very busy block that has endless foot traffic. The sellers spent over $500,000 to build this great restaurant space but unfortunately do not have the time to operate it.

It is currently being run as a Mediterranean Cuisine restaurant but can be changed. Pre-COVID-19 it was doing about $30,000 a week and currently, it is doing around $18,000 a week.

There is a bar area, as well as a back room with the decor being modern with the exposed brick and contemporary table setup. Being sold as-is.

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Property Features and Assets:

Monthly Rent: $9,000 Lease Ends: 2031-01-01 Area: 2,000 sq/ft Building Type: Corner Property..Free Standing Terms and Options: 3%

Reason for Selling:

Other Business Interests.

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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