Well-Established Greek/Mediterranean Restaurant.

Frederick, MD
Frederick County


Asking Price: Annual Revenue:
$65,000 $411,711

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well-Established Greek/Mediterranean Restaurant. Broker: Sondra Yarbrough
License #: 580072
Owner Financing is Available!
Possibility of some owner financing for a qualified candidate.

Quick Facts

Asking Price: $65,000
Annual Revenue: $411,711
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $14,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 6
BBN Listing #: 546027212
Broker Reference #: GA828

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Business Overview:

This Mediterranean restaurant is an established turn-key operation with a semi-absentee owner, located in a neighborhood Center. The business has been at this location since 2008. The business seats 26 inside and 12 outside.

The business is ready to be taken to the next level by adding a liquor license, additional advertising, offer delivery service and expand the catering business. One could also open 7 days per week rather than 6 days.

JUST REDUCED!!

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Property Features and Assets:

1,169 Square feet. Lease is approximately $2,242 per month and does include CAM. Lease expires June 2023.

Market Competition and Expansion:

The business is ready to be taken to the next level by adding a liquor license, additional advertising, offer delivery service and expand the catering business. One could also open 7 days per week rather than 6 days.

Reason for Selling:

Other personal interests.

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.

Documents:

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