Fast-Casual Greek Restaurant for Sale in Jupiter

Jupiter, FL
Palm Beach County


Asking Price: Annual Revenue:
$199,000 $571,569

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fast-Casual Greek Restaurant for Sale in Jupiter Broker: Ken Eisenband
License #: BK3249847

Quick Facts

Asking Price: $199,000
Annual Revenue: $571,569
Net Profit: Not Disclosed
Cash Flow: $85,761
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 9
BBN Listing #: 30298096
Broker Reference #: 7198

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Business Overview:

This Fast-Casual Greek Restaurant for Sale in Palm Beach County, Florida will return $100,000 to an owner/operator. Buy this Greek restaurant for sale and as you’re stuffing falafels into dough your guests will be stuffing dough into your pockets.

The fast-casual Greek restaurant for sale has been in business for six years under the same ownership. The owner owns three locations and has management in place in all three. This location had 2018 gross sales of more than $570,000 with a bottom line of $85,000. An owner operator can expect to gross more than $100,000 in this location as this location is absentee run. We Sell Restaurants is happy to present this Greek restaurant for sale

The Greek restaurant for sale occupies 1,393 square feet of space in a very busy and popular shopping center in Jupiter, Florida. The shopping center is very close to I-95 and Florida Turnpike. More than 66,000 cars pass by the center daily. The shopping center is anchored by a well-known grocery store, national restaurants, retail shops, and service providers. There is ample parking for all customers to the center. The average household income in the three-mile radius in in excess of $100,000. The restaurant seats 34 people inside and another 16 guests can sit on the patio outside. The very reasonable rent of $4,550 per month includes CAM and taxes. The lease expires in March of 2023 and there is an option for another five years are attached.

The fully equipped commercial kitchen of this Greek Restaurant for sale features a twenty-foot exhaust hood and the grease trap is inground. The kitchen equipment includes six-eye burner, four eye burner, four Gyro cookers, two fryers, flat top and char-broiler. There is a walk-in cooler and all refrigeration is commercial grade. This restaurant is equipped for and handles high volume with no problem. The front of house is set up perfectly for fast-casual. The tables and chairs are of high quality with seating for 34 inside and 16 outside. The menu is displayed on two digital boards, there is a self-service beverage station and the restrooms are ADA compliable.

The menu in the fast-casual Greek restaurant for sale consists of pitas and wraps filled with all your favorites such as gyro, Chicken, Beef, Falafels, prepared in a variety of proprietary sauces and spices. The menu also has all your Greek favorite entrees and appetizers. The restaurant has a 2COP license which means you can offer beer and wine to your guests. The restaurant is open seven days per week. All recipes will transfer with sale and you will receive two weeks of training.

The name and logo of this restaurant is trademarked. If you buy all three of the locations the trademarks will transfer. If you buy just one location you will be granted permission to use name, logo, and menu for just that location.

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Property Features and Assets:

1 Walk in Refrigerator 3 Stainless Steel tables kitchen 1 20 Foot Hood Stem with Ansul System 1 3 Door Upright Stainless Steel Freezer 1 Chest Freezer 1 Food Processor 1 Hand Held Mixer 1 3 Compartment Stainless Steel Sink Shelving 1 Time Clock 2 TV Menu Board Monitors with Remotes 1 Table Top Convection Oven 2 Microwaves 2 Friors 1 4 Burner and Stainless Steel Table Gas 1 Grill 1 Charcoal Grill 4 Gyr Machines with Stainless Steel Table 1 Open Electric Sign 1 Soup Electric Kettle 1 Can opener Telephone System 2 Stainless Steel Hand Sink 1 POS System with 2 Printers 1 Drop in 3 Coup hot unit 1 Drop in cold refrigerated unit 1 open drink cooler grab and go 1 sandwich unit refrigerated 1 Pepsi fountain cooler pepsi owned and serviced 2 InDoor Garbage enclosures 1 Stainless Steel Counter Table Front Area 1 Under Counter Safe 1 Camera Surveillance System Tables and Chairs Indoor Outside Tables and Chairs Umbrellas Smallwares Pots and Pans Utensils Baby Chair 4 Fire extinguishers

Market Competition and Expansion:

National Grocery Store is under construction in shopping center. Located on very busy road with lots of growth.

Reason for Selling:

Personal

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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