Desirable Greek Restaurant-Fantastic Neighborhood

Peoria, AZ
Maricopa County

Asking Price: Annual Revenue:
$579,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Desirable Greek Restaurant-Fantastic Neighborhood Broker: Phil Gianforte

Quick Facts

Asking Price: $579,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 14
BBN Listing #: 692260116
Broker Reference #: 83258-539222

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Business Overview:

Location, location, location!

This spacious family run restaurant with full bar offers authentic Greek and Mediterranean dishes. Nothing was spared when building and decorating in early 2019. It is located in a popular and busy shopping center visited by well to do locals.

Restaurant opened in June of 2019 and quickly produced a profit in a few short months. Although dining room was closed during Covid19 shutdown they maintained a large portion of business through pick up orders and delivery. June and July 2020 have been their best months yet and numbers continue to grow month after month and expected to double in the next year.

All the hard work has been done for you. Beautifully decorated and brand new state of the art kitchen facility. Make money day 1 and experience continued growth as the cooler months arrive and the snowbirds are back in town.

Can be converted to other style restaurant including Mexican, Chinese, Indian or other.

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Property Features and Assets:

New buildout early 2019. Opened for business June 2019.

Market Competition and Expansion:

Largest Greek Restaurant in the area. Shopping center is a destination and frequented by locals. Restaurant is still in growing phase and increasing in popularity. Potential Growth: Restaurant continually growing in popularity.

Reason for Selling:


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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