Popular Mediterranean Restaurant with Strong Customer Following
Business Description
Popular Neighborhood Restaurant with Strong Customer Following
Established in 2011, this thriving restaurant has built a loyal customer base in a prime Brooklyn location. With annual revenue of $550,000 and seller's discretionary earnings of $35,000, this opportunity offers significant potential for an owner-operator ready to expand operations.
Business Overview:
- 13 years of continuous operation with established customer base
- Located in lively residential neighborhood near schools and public transportation
- Attracts diverse clientele including young families, students, teachers, and commuters
- High-rated reviews across all platforms with strong online reputation
- Highly engaged marketing list for customer retention
Financial Highlights:
- Annual Revenue: $550,000
- Cash Flow: $35,000
- FF&E Value: $80,000
- Inventory Value: $15,000
- 6 employees currently on staff
Location Advantages:
- Strip location with limited dining competition
- Only handful of restaurants offering Asian and Italian cuisines nearby
- Strong foot traffic from residential density and transit accessibility
- Neighborhood staple with established reputation
Growth Opportunities:
- Expand to 7-day operation with extended hours
- Add breakfast menu to capture morning traffic
- Develop catering services
- Potential for franchising and additional locations
Lease Details:
- Monthly rent: $3,000
- Lease expires: August 1, 2033
- Nearly 9 years remaining on lease term
Owner Support:
- One month on-site training included
- One year of ongoing phone support
- Owner relocating out of state (reason for sale)
This turnkey operation is ideal for an experienced restaurateur or motivated owner-operator looking to build upon an established foundation. The combination of loyal customers, prime location, and multiple expansion opportunities makes this a compelling investment in Brooklyn's competitive restaurant market.
Asking Price: $100,000
Established in 2011, this thriving restaurant has built a loyal customer base in a prime Brooklyn location. With annual revenue of $550,000 and seller's discretionary earnings of $35,000, this opportunity offers significant potential for an owner-operator ready to expand operations.
Business Overview:
- 13 years of continuous operation with established customer base
- Located in lively residential neighborhood near schools and public transportation
- Attracts diverse clientele including young families, students, teachers, and commuters
- High-rated reviews across all platforms with strong online reputation
- Highly engaged marketing list for customer retention
Financial Highlights:
- Annual Revenue: $550,000
- Cash Flow: $35,000
- FF&E Value: $80,000
- Inventory Value: $15,000
- 6 employees currently on staff
Location Advantages:
- Strip location with limited dining competition
- Only handful of restaurants offering Asian and Italian cuisines nearby
- Strong foot traffic from residential density and transit accessibility
- Neighborhood staple with established reputation
Growth Opportunities:
- Expand to 7-day operation with extended hours
- Add breakfast menu to capture morning traffic
- Develop catering services
- Potential for franchising and additional locations
Lease Details:
- Monthly rent: $3,000
- Lease expires: August 1, 2033
- Nearly 9 years remaining on lease term
Owner Support:
- One month on-site training included
- One year of ongoing phone support
- Owner relocating out of state (reason for sale)
This turnkey operation is ideal for an experienced restaurateur or motivated owner-operator looking to build upon an established foundation. The combination of loyal customers, prime location, and multiple expansion opportunities makes this a compelling investment in Brooklyn's competitive restaurant market.
Asking Price: $100,000
About the Business
- Years in Operation
- 14
- Employees
- 6
- Facilities & Assets
- Fully functioning restaurant with 18 indoor seats and 10 outdoor seats. The restaurant comes with a walk-in-fridge, a full basement prep kitchen and storage.
The kitchen is fully equipped with a hood, an induction stove, an oven, waffle maker, multiple fridges for storage and beveages, smoothie blenders, electric fryer, - Market Outlook / Competition
- The restaurant is located in a lively residential neighborhood close to schools and public transportation. This attracts young families, students, teachers, and commuters, creating steady traffic. The strip where the business is located has limited dining options, with only a handful of restaurants offering cuisines such as Asian and Italian. With a loyal customer base and strong reputation, the restaurant is a neighborhood staple — offering a rare opportunity for a new owner to build upon.
- Opportunities for Growth
- Opening 7 days a week with longer hours, introducing a breakfast menu
Offering catering
Franchising, opening additional locations
Real Estate
- Owned or Leased
- Leased
- Rent
- $3,000.00 per month
- Lease Expiration
- 8/1/2033
About the Sale
- Seller Motivation
- Moving to another state
- Transition Support
- The current owner willing to provide on-site training for 1 month and on-going phone support for a year.
Listing Info
- ID
- 2382835
- Listing Views
- 624
Listing ID: 2382835 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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