Asking Price: $119,000 Gross Revenue: $220,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Own this Mediterranean Restaurant for sale in Bohemia at a bargain price! For pennies on the dollar, you can have a turn-key ready location. Recently renovated and fully equipped, keep the Mediterranean cuisine or bring your own concept.
Approximately thirty miles from New York City, Bohemia is a hamlet with a population over 10,000 in about 8 square miles. This Mediterranean Restaurant for sale is a short drive to the Ferry Service that services one of the most popular beaches on the shore. You should see the state park that is nearby that offers a unique equestrian culture. With these surroundings, an opportunist can feed their pockets and hungry patrons. Currently serving up sales of about $20,000 a month there is plenty of room to grow.
Brought to you by We Sell Restaurants, this New York Restaurant for Sale is an exciting and rare opportunity! Offered for pennies on the dollar from the initial investment the current dissolving partnership is making this a deal for you. Get ready to see this location and then bring your offers! The sellers are motivated and want to move fast. An opportunity like this will not last long.
Fully equipped with a large hood, pizza ovens, rotisserie cookers, and so much more, make a New York Restaurant for sale with your menu ideas come to life. Front of house is ready to serve up fast grab and go's plus has seating for about two dozen customers. Remove a couple of coolers and there is even more room for seating. An ethnic cuisine concept would fill the 2900 square foot space nicely. Will accommodate up to 30 guest.
With two years left on the lease and another option for ten can give you the time you need to really take this New York Restaurant for Sale to the next level. Rent is $4500 a month. A large anchor grocery store provides plenty of walk by advertising and ample parking.
About the Business
Bohemia, New York
Number of Employees:
Building Sq. Ft.:
$4,495.00 Per Month
Large hood Flat top 2 pizza ovens Stove 2 rotisserie cooker showcase cooler buffet table prep table large mixer refrigerators walk in box freezers small appliances smallware
Pro In a high trafficked strip mall Great layout for fast casual or dine in concept Newly renovated Cons Limited concept because of other restaurants on strip mall
Growth & Expansion:
Great location right on Sunrise Hwy Could focus on both dine in and take-out an Ethnic cuisine would be a great concept Cons Small customer base only open for a short period of time Strip mall could use some updating
Motiviated Selller - Newly Redone Mediterranean Restaurant for Sale
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