Beautiful Restaurant For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $547500
Net Profit / Cash Flow $187850
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Owner is relocating.
Description This beautifully-positioned Turkish and Mediterranean restaurant for sale lies by the shore, which is surrounded by a heavily-populated area on Long Island. Rent is just $2,000 a month, with a long lease. The size of the restaurant is 1,200 sq. ft., with enough space for the clientele to sit outside while eating, and watch the panoramic view of the water. Its gross per day sale is $1,500 a day. Because the surrounding area is inundated with the governmental offices, so a speedy delivery service may enhance the business by manifolds. The business may also get a real financial boost if wine and beer are to be included. Owner's cash flow, after deducting all the expenses, is $180,000 a year. The one who knows how to run a restaurant, must buy this business.
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