Meditteranean Restaurant
New York, NY
| Asking Price: | $325,000 |
| Gross Revenue: | $480,000 |
| Rent: | $10,000/Month |
| Established Year: | 2021 |
| Cash Flow: | $12,000 |
| Inventory: | $25,000 |
| FF&E: | $125,000 |
Listing ID: 2307619Listing provided by BizBuySell
BUSINESS DESCRIPTION
Motivated seller, looking to move
Greek restaurant with full liquor license. High end interior construction with interior designer and high end kitchen equipment. In business for 3 years.
DETAILED INFORMATION
Location
New York, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,100
Lease Expiration
26/11/2029
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Full kitchen equipment, everything purchased new, spent over $80,000 on kitchen equipment.
Competition
Rent is 30% below market value, neighbor just rented identical store next door for 15k
Growth & Expansion
Currently the business operates 5-11pm, lots of potentials for lunch and expand deliveries.
Owner has another type of business that he is running in the morning, thus can not take advantage of the full potential of the restaurant.
Financing
70% down with 30% financed over 12 months
Reason for Selling
Currently have a construction business, getting extremely busy and have no time
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