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- RE: Coastal Mediterranean Bistro-GREAT LOCATION!!
- Contact: Joe Durkin
Quick Facts
Asking Price: | $120,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 4 | |
BBN Listing #: | 855933008 | |
Broker Reference #: | 2401-481763 |
Business Overview:
Only Mediterranean Bistro in this area of Mission Beach/Pacific Beach. It’s an Asset Sale because the sellers wish to retain their name and menu. Great location known for yummy healthy fast casual food. Bring your concept, you will enjoy appreciative customers. Cheery, whimsical decor. Seats 14 inside, 4 outside. Many patrons carry out.
10ft hood grease trap and walk in cooler.
Family owned and operated.
2018 SDE about $100k. Asking $120k. Negotiable.
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Market Competition and Expansion:
This is the ONLY Mediterranean restaurant in its particular area along the coast! Specialty restaurants such as this one will continue to play an influential role in the food services sector. The ability to provide convenient ethnic food at a low price will remain popular, especially with consumers seeking affordable food options. This is a great owner/operator opportunity to profitably run a business that is highly valued by the local community. The business has been successfully driven by word of mouth and walk-ins. It has strong potential to increase revenues by opening longer hours on the weekends to be in sync with bar traffic, promoting and providing catering, advertising, optimizing its social media, and providing more delivery options.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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