Mediterranean QSR in Prime Location

Kings County, NY
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Asking Price:$215,000
Gross Revenue:$789,843
FF&E:$75,000
Cash Flow:$180,000
Inventory:$7,500
Established Year:2012
BUSINESS DESCRIPTION

LISTING ID # 35605

Established Mediterranean QSR. Price Reduced! Very simple menu. Fantastic reviews. Only open Tu-Sun from 4pm-9pm, dinner service! For the past 12 years, this business owner has perfected his recipes and production and it shows. The business has clean and sleek branding you would expect of a national franchise. The location is fantastic, but the food is better. This spot is located within walking distance from a major Brooklyn attraction. It is surrounded by residential apartments. The space is 950 sf plus a basement. This business sale includes a customer app to process orders, delivery and pick-up. This helps to manage the traffic flow. The space has a full kitchen, with equipment in perfect working condition. In 2023 sales were approx. $789,843.00 with an owner’s cash flow of approx. $180,000.00. They just brought back outdoor seating for 20 and sales have surged over 25%. The overhead is minimal. A well-qualified tenant may obtain a new 10 year lease with a rent of $3,000/mth. There is a full-staff of 6 in place. The seller may consider seller financing for a well-qualified buyer with experience. We are seeking a serious and financially qualified buyer with at least $215K in liquid funds. The ideal buyer would have experience in the food service industry. Proof of funds for at least $215K will be requested before any buyer-seller calls or meetings are scheduled. All meetings must be made by appointment only!


DETAILED INFORMATION
Location
Kings County, NY
Inventory
Not Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Relocation
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd