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
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