Mediterranean QSR in Prime Location
Kings County, New York
Asking Price: |
Gross: |
Cash Flow: |
$250,000 |
$789,843 |
$180,000 |
Furniture and Fixtures Value:
$75,000 ( not included in the asking price)
Inventory Value:
$7,500 ( not included in the asking price)
Business Summary:
LISTING ID # 35605Established 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 [email protected] 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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35605 for instant access to this business information.
|
|
|
|
|
|
Year
Business was Established: 2011 |
|
|
Number of Employees:
6 PT |
|
|
|
Owner
willing to finance:
No |
|
|
|
Owner
willing to train:
Seller will train |
|
|
|
Reason for selling:
Relocation |
|
|
|
REQUEST MORE INFO |
|
|