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!
Gross Revenue: $260,000
Cash Flow: $55,000
FFE: $50,000 (Included in Price)
Reason For Sale:
Training & Support:
Year Established: 2012
Year of Last Acquisition: 2018
Days & Hours of Operation: 6 days a week, 12pm-10pm
Non-Owner Payroll: $6,000
Lease Option: 9 years remaining
Monthly Rent: $4500
Square Footage: 2600