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Asking Price$275,000
Revenue$600,000 Established2016
Cash Flow$100,000 Employees3 full-time
FF&E$25,000 FranchiseNo
Inventory$2,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 33865
This beloved Mediterranean Bistro, located in an up and coming section of Manhattan, re-opened in April 2021 to glowing reviews. You now have the opportunity to purchase this gem with the knowledge that you will be inheriting a new great 15 year lease, which the seller deftly negotiated down from $4,000/month to just $2,200/month. That's a saving of $324K over the life of the lease. Had he had that lease in the year leading up to when the pandemic closed businesses down, he would have made over $100K during that span and that was with him only being there one or two days per week. If you are planning to be more hands-on, you should be able to make more than that, by replacing the cost of a manager. Water is included in the lease at no cost. All of the furniture, fixtures, and equipment are still intact, as seen in the photos. Please do not speak with any of the employees or customers when visiting the location, as they do not know it's for sale. Instead, kindly call the listing broker, Jay Goldman, to make an appointment to meet with the seller to get a full tour of the facilities and ask some questions. Mr. Goldman can be reached at jaygoldman@vestedbb.com. If you are new to Vested, please at least become a free registered buyer under listing 33865 at www.vestedbb.com. In order to obtain the name & address of the business, upgrade to premium membership right away.  
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Training/Support:Seller will train
Seller Financing:175,000.00 Down & $100,000.00 at 6% over 24 months
Sale Reason:Too many balls up in the air
Ad #125035
Seller Reference #33865
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