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This Business has been Sold!
Closing Date: 05/15/2024
Business for Sale Summary

Middle Eastern Restaurant for Sale in Maine - 36017

Business Type: other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
Sold
Middle Eastern Restaurant for Sale in Maine
On May 15th 2024, The Undersigned
Acted as the Advisor to the Deal
Brian  Bernstein
Brian Bernstein Senior Broker
Servicing: All of NY
All of NJ
All of PA
All of CT
All of MA
All of NC
All of TX
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.

Financial Information (non-confidential)

General Information
Asking Price $95,000 Down Payment $65,000
Gross Revenues $318,000 Lease Remaining Register Free to View
Owner’s Cash Flow $84,000 Number of FT Employees Register Free to View

Financing

$65,000 Down and balance of $30k for 60 months @ 7%

Business Description

Well-regarded Middle Eastern eatery offering a diverse menu of traditional dishes, sandwiches, salads, pizza, and desserts. The expansive, high-margin menu ensures there's something for every palate. Boasting a thriving takeout and delivery service, this restaurant, established two years ago with a $100,000 investment, has swiftly become a highly praised, bustling, and profitable establishment. Due to health reasons, the current owner is seeking to recoup the initial investment, presenting an excellent opportunity for new buyers. Operating full-time, the owner currently earns $1,700-$1,800 per week after covering all expenses. The rent is attractively low at $2,800. For further details and to schedule a meeting with the seller, please contact listing broker Brian Bernstein at 929-969-0007.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.