Established Turkish Restaurant for Sale in New York

This listing presents a highly successful and established Turkish restaurant located in New York, NY. With 22 years of operational history, the business has demonstrated strong financial performance, achieving $2.61 million in revenue in 2022 and a net profit of $364,000 in 2021. The restaurant offers a turn-key operation, featuring a sophisticated delivery system that proved resilient and even grew during the pandemic. Key highlights include a full liquor license, energy-efficient operations reducing utility costs, and a prime location with a recently renewed 7-year lease at a favorable $7,000 monthly rent (including real estate tax). The seller is motivated to sell due to family reasons and is offering seller financing, with management willing to stay on to ensure a smooth transition. The business is also relocatable and offers the potential for absentee ownership. The sale includes inventory and security deposit. Significant improvements totaling over $150K have been made, and the property includes a full basement for food prep, office space, storage, walk-in refrigerator and freezer, and a large kitchen with a 20-foot chimney. Basic qualifications for financing include 10% down, industry experience, and a 700 credit score.