Gyro/Mediterranean Restaurant in a Busy Area

Phoenix, AZ
Maricopa County

Asking Price: Annual Revenue:
$200,000 $350,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Gyro/Mediterranean Restaurant in a Busy Area Broker: Mike Darmo
Owner Financing is Available!
Seller will carry with $150,000 and the balance of $50,000 for 2 years at 7%

Quick Facts

Asking Price: $200,000
Annual Revenue: $350,000
Net Profit: $165,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 637959836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for a beautiful and well-established Gyro Restaurant in a busy and nice area with a great lease and tons potential for more income with a dedicated owner than look no further. You can't find a deal like this, currently with 2 employees and a lease of $3,400 per month for a great size of 1,900 square feet and location easily make towards $13,750 a month. The food costs are cheap for these kinds of restaurants and the other expenses are low. On a bad month this restaurant does around $25,000 gross a month conservatively. This concept is very popular and this generous and competitive asking price this will go quick. Also if you are looking to bring your concept you have a turn-key restaurant in a great location and equipment, furniture, and fixtures that are in great shape. Hurry up this deal will go quickly.

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Property Features and Assets:

1,900 Square feet restaurant space with kitchen and dining area in a busy shopping center.

Market Competition and Expansion:

Tons of room for growth with more online marketing.

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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