Mediterranean Restaurant (#22607)

Not Disclosed, NY
Nassau County

Nassau County, Long Island

Asking Price: Annual Revenue:
$399,000 $1,446,447

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Mediterranean Restaurant (#22607) Broker: Ziggy Marszalek
Owner Financing is Available!
Amount: $149,000 Months Left: 36 Rate: 700.0% Monthly Payment: $86,916.67

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,446,447
Net Profit: Not Disclosed
Cash Flow: $183,040
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 9
BBN Listing #: 281849666
Broker Reference #: 22607

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Business Overview:

This restaurant's design concept is to provide a healthy and tasty alternative to fast food at a reasonable price. It is located in Nassau County, New York, and provides inside dining, take-out, and catering.

Their recipes are based on the Mediterranean Diet, and they target educated consumers who recognize and appreciate quality. They are currently doing $25,000 a week with great margins.

Reason For Sale:
A partner dispute forces the sale.

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Property Features and Assets:

Monthly Rent: $10,000 Lease Ends: 2034-01-03 Area: 2,000 sq/ft Building Type: Shopping Center Terms and Options: 2%

Market Competition and Expansion:

Ask broker for details.

Reason for Selling:

Partner dispute.

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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