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Listed by:

Transworld Business Advisors of Flushing

Spacious Restaurant And Bar In New York For Sale

New York
Asking Price:
$225,000 (USD)
Sales Revenue:
$718,576 (USD)
Cash Flow:
$121,428 (USD)

This authentic Mediterranean restaurant & bar is located in a high income affluent area. The main floor is 2,500 sq. ft., and there is a full 2,500 sq. ft. 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.

Business Operation

Expansion Potential:

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.

Reasons for selling:

moving

Trading hours:

11:30-9

Employees:
12
Years established:
1973

Other Information

Support & training:

2 weeks

Contact Information

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