Halal Restaurant for Sale in New York

Asking Price$150,000

Cash Flow
$81,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$445,000

Inventory$5,000
Included in asking price
FF&E$80,000
Included in asking price
Real EstateNot Disclosed

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Halal Restaurant for Sale in New York


Asking Price$150,000

Cash Flow
$81,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$445,000

Inventory$5,000
Included in asking price
FF&E$80,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
LISTING ID # 36065

A halal food restaurant is located in an overcrowded area in Queens County, presenting an excellent opportunity for a buyer who wants to start their business venture in the halal food industry. The halal food industry has become a multi-billion dollar industry. The business offers a diverse menu including halal gyro, platters, sandwiches, tender chicken, chicken nuggets, salad, wings, and several side dishes. The area is home to communities from India, Pakistan, Bangladesh, Afghanistan, and many more from the Arab community. The rent is $3,000 and it has a size of 1000 sq. ft., along with seating arrangement. The gross sales are over $1200 daily, with a decent profit margin. The weekends are extremely busy. The seller, due to a personal reasons, has to return to his native country, but he is willing to provide financing. After paying all the expenses, the seller's net cash flow is over $80,000 a year.
About the Business
Years in Operation
2
About the Sale
Seller Motivation
Personal
Transition Support
Seller will train
Financing Options
80,000.00 Down & A note of $70,000 at 9% for 36 months
Listing Info
ID
2402450
Listing Views
628

Contact Seller

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2402450 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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