Business for Sale Overview:
Privately Owned Greek Fast Food Restaurant. It can be Franchised. This location has been a Greek Restaurant for over 30 years. The current owners have come in and streamlined the entire operation just a few months ago. This has helped to increase the sales and brand awareness substantially. This is a stand alone location that could offer drive through service. It has parking for over 30 cars outside and seating for over 20 inside. It is located in a very densely populated South Shore town. The facility is very clean with a full kitchen. It is a 300 square feet building with a ten year lease, five year option to renew and only 3 % rent increases. The store is currently averaging $10,000 per week in sales. 2009 Projected Gross Sales are $520,000 with a Net of approximately $178,000. This an easy-to-operate, low-overhead business. The owners are flexible and motivated.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
owner is relocating
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.