Greek Fast Food Restaurant
Location New York,United States
Asking Price Range < $250K
Gross Revenues $335000
Net Profit / Cash Flow $78336
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2009
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Greek Fast Food Restaurant. Franchisable Concept. They offer flavorful upscale-casual Greek & American-style dishes prepared from the finest ingredients sourced from around the world. The current owners have been spread thin as they have opened another restaurant. They currently operate this business on a very part-time/absentee basis. This is a 1,200 sq. ft. location that is mainly take-out and delivery with seating for 9. It has street parking that is ideal for this quick in and out business. It is located on a commercial strip in a very densely populated town. The facility is very clean with a full kitchen. There are 11.5 years left on the current lease with only 3 % rent increases. The rent is only $2,220/mth. (incl taxes). The store is currently averaging $7,000 per week in sales. 2012 Gross Sales were $360,000.00 with a Net of approx. $78,336.00 ( FOR AN OWNER/OPERATOR). This an easy-to-operate, low-overhead business. The owners are flexible and motivated. We are looking for a buyer with restaurant experience who will be hands-on. Please call or email Mel Vaz today to learn more at 631-909-1095.
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