Mediterranean Restaurant for Sale in Kings County, - 24764 Business Type: absentee business,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $225,000 | Down Payment | $225,000 |
| Gross Revenues | $350,231 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $74,718 | Number of FT Employees | Register Free to View |
Financing
$225,000 Down and Possible for a Qualified Buyer
Business Description
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 sq. ft. 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/mth. 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 approx. $74,717.00. This is ideal for a first time restaurateur or owner/operator. We are seeking a buyer with at least $225k in liquid funds. Call 877-735-5224 for more information.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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