Price Reduced! Fine Cuisine & Hookah Lounge-Desirable Location

  • Listing# : 13348
  • Listed Price : $199,000
  • Total Sales : $500,000
  • SIC : 5812
  • Down Payment : $150,000
  • Status : Closed
  • Discretionary Earnings : $180,000

Business Type :

Restaurants / Specialty Restaurant, Restaurants / Banquet Hall/Caterer, Restaurants / Ethnic Restaurant, Restaurants / Full-Service Restaurants

Business Description :

4 distinct revenue lines including Mediterranean Fine Cuisine, Mediterranean quick service grill, Hookah Lounge and Catering.

Below market and long term lease available in highly desirable upscale town. Great space including newly renovated (2016) quick service area plus a fine dining area, a Hookah Lounge and enclosed outdoor seating.  
Only open 6 days a week.
Online ordering and delivery was added last year and generates over $100,000 in sales!
Large and growing client base.  
Only Hookah lounge in the area.  
Great reviews. BYOB facility.  
Chef and staff will stay on as needed.  Asking just $199,000.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $6,000
    • Incl : No
    • Liabilities $0
    • Incl :
    • FF&E $150,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $200,000
    • Incl : Yes
    • Total Assets $350,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants