Spacious Mediterranean Restaurant & Bar for sale

Not Disclosed, NY
Nassau County

Asking Price: Annual Revenue:
$225,000 $718,576

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Spacious Mediterranean Restaurant & Bar for sale Broker: Sherry M. Wang

Quick Facts

Asking Price: $225,000
Annual Revenue: $718,576
Net Profit: Not Disclosed
Cash Flow: $121,428
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1973
Employees: 12
BBN Listing #: 168652376
Broker Reference #: 86471-778238

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Business Overview:

This authentic Mediterranean restaurant & bar is located in a high income affluent area. The main floor is 2,500 square feet, and there is a full 2,500 square feet basement with prep area, 3 walk-in frozen storages, and an extra kitchen space. The main kitchen on the first floor is huge and fully equipped. It has a bar with a full liquor license. The restaurant was renovated with a gorgeous look, 140 seats inside and beautiful outside seating space available in the summer. There is a full staff in place so the new owner does not have to worry about hiring new employees. The seller will provide free training. 10 years lease left plus 5 years option to renew. Rent is only $6,000/month. Selling financing is available for qualified buyers.

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Market Competition and Expansion:

There is enough space and extra kitchen to add other food services such as a bakery to the restaurant, to increase the sale. Part of the space is also possible to be returned to the landlord if the new owner wants to reduce the rent expense.

Reason for Selling:


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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