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Business for Sale Summary

Greek Food Restaurant for Sale in Suffolk County, New York - 37768

Business Type: nutrition & health food,other eating & drinking places,other food stores,restaurant/ cafes/ diners
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This business has received 2 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $299,000
Gross Revenues $1,100,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$299,000 Down and

Business Description

Best Restaurant Deal in Our System!

Well-established for over 30 years and fully equipped for a turnkey operation.

  • Greek food restaurant now available

  • Outstanding reputation for high-quality Greek and Mediterranean dishes

  • Prime location surrounded by many national chain stores

  • Over 27,000 vehicles pass the location every day

  • Exceptionally clean kitchen and well-maintained operation

  • Retirement sale after decades of successful ownership and operating history

  • Diverse menu featuring authentic and popular Greek and Mediterranean cuisine, with many healthy options

  • Very loyal following with generations of repeat customers and a fantastic reputation built over three decades

  • Rare opportunity to acquire an established business with significant upside potential

  • Growth opportunities include adding a new website, digital advertising and marketing

  • Increased use of social media for greater brand awareness

  • Opportunity to add alcohol, wine and beer to the menu

  • Owner is willing to stay on for up to six months to ensure a seamless transition

  • Long-term employees are expected to remain with the business

This restaurant represents an excellent opportunity for either an owner-operator or investor.

  • This restaurant is doing over $1 million in annual sales and generating approximately $200,000 in owner’s cash flow.

  • One of the best things about this opportunity is that approximately 80% of all orders are takeout, delivery, or pickup, making the restaurant much easier and more efficient to operate.

Don’t miss this one — it is expected to move quickly!

For more information, contact the broker, Tony Sica at 516-330-8558



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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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