Mediterranean Restaurant in Roslyn Heights, NY - $1.7M Revenue, $550K Asking Price

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Financial Details

Asking Price:
$550,000
Annual Revenue:
$1,700,000
Cash Flow / SDE:
$200,000
Profit Metric:
Cash Flow
Valuation Multiple:
2.8x
Location:
Roslyn Heights, NY, US
Source:
Date:
September 21, 2025

Key Highlights

Successful ABSENTEE Mediterranean restaurant with $1.7M revenue and $200K cash flow.
Prime location in a trendy area of Brooklyn, NY, near the L train.
Includes full liquor license and seating for 12 plus bar.

Description

This is a well-established, absentee-operated Mediterranean restaurant located in a trendy and upcoming area of Brooklyn, New York, with excellent proximity to the L train, one of NYC's busiest subway lines. The business generates $1.7M in annual revenue and $200K in cash flow, operating from an efficient 800 sq ft space with a full basement. It features seating for 12 guests, an additional 7 seats at the bar, and holds a full liquor license, serving great cocktails. The landlord provides 5-year lease renewals. This is a semi-absentee operated business, offering flexibility for an owner-operator or investor.

Industry Information

Industry Description:
Mediterranean Restaurant
Classification:
Restaurants & Food

Real Estate & Lease

Status:
Leased
Monthly Rent:
$7,400 USD

Broker Contact

Company:
The Kensington Company
Phone:
(516) 626-2211

Listing Details

Listing ID:
0c25fc0e-b149-4a4a-a3a2-a1829a5f62d3
Source Listing ID:
15778
Deal Status:
For Sale
Last Updated:
September 21, 2025
Currency:
USD

Features & Tags

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