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Business for Sale Summary

Halal Restaurant for Sale in New York - 36065

Business Type: other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
Owner Financing
Halal Restaurant for Sale in New York
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This business has received 31 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $80,000
Gross Revenues $445,000 Lease Remaining Register Free to View
Owner’s Cash Flow $81,000 Number of FT Employees Register Free to View

Financing

$80,000 Down and A note of $70,000 at 9% for 36 months

Business Description

A halal food restaurant is located in an overcrowded area in Queens County, presenting an excellent opportunity for a buyer who wants to start their business venture in the halal food industry. The halal food industry has become a multi-billion dollar industry. The business offers a diverse menu including halal gyro, platters, sandwiches, tender chicken, chicken nuggets, salad, wings, and several side dishes. The area is home to communities from India, Pakistan, Bangladesh, Afghanistan, and many more from the Arab community. The rent is $3,000 and it has a size of 1000 sq. ft., along with seating arrangement. The gross sales are over $1200 daily, with a decent profit margin. The weekends are extremely busy. The seller, due to a personal reasons, has to return to his native country, but he is willing to provide financing. After paying all the expenses, the seller's net cash flow is over $80,000 a year. Call Syed at 631-374-7686 for more information.

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