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Mediterranean/ Middle East Bistro

New York City, New York

Asking Price: Gross: Cash Flow:
$399,000 $535,917 $132,183

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$90,000 ( not included in the asking price)

Business Summary:
The cozy and inviting ambience of this Bistro in the heart of Chelsea, Manhattan with a flavorful mix of Mediterranean & Middle Eastern menu pleases almost all palates. Competitive pricing, fast and efficient take out, delivery service and online ordering has created a loyal patronage for this business. With seating for 22 including outdoor patio/deck seating, dine-in crowd has also been rapidly increasing. The application of wine and beer consumption license has been approved and its issuance is eminent. A customer friendly bar is already in place. This will generate additional revenue of fifteen to twenty percent. The increased demand for catering business is an added plus. The dynamic and rapid recovery of this business from the ravages of the super storm Sandy is evident in the steady and substantial increase in sales figures. With a long lease in place, established patronage and popular pricing, this business will continue to flourish. All new equipment assures a worry free and seamless operation.

 
   
   
Year Business was Established: 2
   
Number of Employees: `7  
   
Potential Growth/Expansion: Significant. The business is granted a beer and wine consumption license which will generate 15%-20% additional revenue.  
   
Competition: Negligible  
   
Owner willing to finance: Prime + 2% for 5 years to a qualified buyer  
   
Owner willing to train: Three Weeks  
   
Reason for selling: Going in wholesale food business  
 

 

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