Free Consultation 212-473-5000
Business Sales & Acquisitions

Popular Halal Restaurant – In Busy Location

Price: $75,000

Location: Queens, NY

Industry: Food and Restaurants

Listing ID: 1045

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!

Listing Details

Gross Revenue: $260,000

Cash Flow: $55,000

FFE: $50,000 (Included in Price)

Reason For Sale:

Retirement

Training & Support:

Will provide

Operation

Year Established: 2012

Year of Last Acquisition: 2018

Days & Hours of Operation: 6 days a week, 12pm-10pm

Non-Owner Payroll: $6,000

Employees: 3

Location

Lease Option: 9 years remaining

Monthly Rent: $4500

Square Footage: 2600