Mediterranean Take-Out - Prime Location - 24764

Kings County, NY
Kings County


Asking Price: Annual Revenue:
$225,000 $350,231

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mediterranean Take-Out - Prime Location - 24764 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $225,000
Annual Revenue: $350,231
Net Profit: Not Disclosed
Cash Flow: $74,717
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 2
BBN Listing #: 14194447
Broker Reference #: 24764

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Business Overview:

Mediterranean Take-Out - Prime Location. This is a gourmet business that has been established for 3 yrs. with a very loyal and growing clientele. The location is fantastic. They offer 15 seats plus counter seating in a 400 square feet space. It has a great ambiance with dark stained oak wood. All kitchen equipment was bought brand new 2.5 years ago and in perfect working condition. All included in sale. The business is run on a very part-time basis by the current owner. He is only there 8 hrs. per wk. The rent is only $2,600 per month. and there are 7.5 years left on the current lease. In the past 12 months the business has grossed approx. $380,000.00 with a net income of approximately $74,717.00. This is ideal for a first time restaurateur or owner/operator. We are seeking a buyer with at least $225,000 in liquid funds.

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Reason for Selling:

Personal.

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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