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Businesses For Sale   >>   New York Businesses For Sale

Mediterranean Restaurant

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1000000
Net Profit / Cash Flow  $270000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1999
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  As needed.
Reason for Sale  Looking to retire.

Description  
After 30 very successful years in the restaurant business the owners of the Mediterranean restaurant are looking to retire. Built 10 years ago at a cost of $1,000,000, a similar build out today would cost five times that amount. The construction is top of the line, from the entrance to the bathrooms. The look of the restaurant lends itself to most any type of concept. Situated in a commercial use building, the rent is well below current market value and the landlord will extend it for the right buyer. There 120 seats in the dining room and there are two brick ovens. A full basement could allow for expansion of the kitchen. This is a situation for a seasoned operator who is looking for a new location to move or expand - all the work is already done! The owner will only discuss actual numbers with a serious buyer. This one must bee seen. Contact for more information on this Restaurant for sale.


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