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Business for Sale Summary

Mediterranean QSR in Prime Location - 35605

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,security and alarm services,restaurant/ cafes/ diners
Mediterranean QSR in Prime Location
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This business has received 37 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $789,843 Lease Remaining Register Free to View
Owner’s Cash Flow $180,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and Possible for a well-qualified buyer.

Business Description

Established Mediterranean QSR. Price Reduced! Very simple menu. Fantastic reviews. Only open Tu-Sun from 4pm-9pm, dinner service! For the past 12 years, this business owner has perfected his recipes and production and it shows. The business has clean and sleek branding you would expect of a national franchise. The location is fantastic, but the food is better. This spot is located within walking distance from a major Brooklyn attraction. It is surrounded by residential apartments. The space is 950 sf plus a basement. This business sale includes a customer app to process orders, delivery and pick-up. This helps to manage the traffic flow. The space has a full kitchen, with equipment in perfect working condition. In the most recent 12 months sales were approx. $789,843.00 with an owner’s cash flow of approx. $180,000.00. They just brought back outdoor seating for 20 and sales have surged over 25%. The overhead is minimal. A well-qualified tenant may obtain a new 10 year lease with a rent of $3,000/mth. There is a full-staff of 6 in place. The seller may consider seller financing for a well-qualified buyer with experience. We are seeking a serious and financially qualified buyer with at least $250K in liquid funds. The ideal buyer would have experience in the food service industry. Proof of funds for at least $250K will be requested before any buyer-seller calls or meetings are scheduled. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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.