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Popular Halal Restaurant - in Busy Location

Queens County, NY

Popular Halal Restaurant - in Busy Location
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Asking Price: $75,000

Cash Flow: $55,000

Gross Revenue: $260,000

EBITDA: N/A

FF&E: $50,000

Inventory: $3,000

Rent: $4,500 /Month

Established: 2012

Popular Halal Restaurant - in Busy Location

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Business Description

Popular Halal Turkish restaurant on a busy main street. New beautiful built out, 1,300 sqft interior, sits 40 people. Separate large windowed, well ventilated fully equipped kitchen.

Additional 700 sqft space in the basement with 3 walk-ins and prep area.
There is a 500 sqft back yard that can be used as an additional sitting area.

Nine years remaining on the lease. Priced below market for a quick sale!

Detailed Information

Location:
Queens County, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,600
Lease Expiration:
5/1/2028
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Will provide
Reason for Selling:
Retirement
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(from currently available funds)
 
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Carol Shin

Business Listed By:
Carol Shin

Inbar Group Inc - Business Brokers

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Sponsoring Broker:
Jay M. Inbar,Certified Mergers &Acquisition Pro

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