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Business for Sale Summary

Mediterranean Take-Out - Kings County, NY - 30088

Business Type: other eating & drinking places,best deals!,new to market,seller financing available,restaurant/ cafes
Mediterranean Take-Out - Kings County, NY
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This business has received 32 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $330,000 Down Payment $330,000
Gross Revenues $475,000 Lease Remaining Register Free to View
Owner’s Cash Flow $124,000 Number of FT Employees Register Free to View

Financing

$330,000 Down and Possible for a well qualified buyer.

Business Description

Mediterranean take-out restaurant for sale. The location is fantastic. This spot is located in walking distance from a major Brooklyn attraction. There is tremendous new residential construction happening in the area, as well. This is a gourmet business has been established for 6 years, with a very loyal and growing clientele. They offer 15 seats, plus counter seating in a 350 sq. ft. space (plus basement). Dark-stained oak wood gives this location a great ambience. Full kitchen, with equipment in perfect working condition, included in sale. The business needs an owner/operator, ideally. The rent is only $3,000/month, and there are four years left on the current lease (with the possibility of an extension for a qualified buyer). In the past 12 months, the business has grossed approx. $475,000.00, with a net income of approx. $124,000.00 (for an owner/operator). We are seeking a serious and financially-qualified buyer with at least $338K in liquid funds to cover the asking price and rent security. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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. kg

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.