Mediterranean/Greek Franchise Resale

Magazine, AL
Mobile County


Asking Price: Annual Revenue:
$154,000 $759,275

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mediterranean/Greek Franchise Resale Broker: Chris Bruner
Owner Financing is Available!
Owner Financing Terms $50,000.00 Owner Financing Interest 7% Owner Financing Terms Months 24 Owner Financing Monthly Payment $2,238.63

Quick Facts

Asking Price: $154,000
Annual Revenue: $759,275
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $155,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 13
BBN Listing #: 796355279
Broker Reference #: 24876-592605

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Business Overview:

The Mediterranean Franchise, located in a highly traveled and booming area of South Alabama, opened its doors in late 2018, providing a variety of healthy menu choices. Prepared from fresh ingredients, customers build pitas and bowls to their liking along with a variety of sides and desserts. The business has a catering side with an accessible website and phone app ordering.

The business has four full-time employees, with two of those being managers and nine part-time employees. The owner works approximately 25 hours a week, handling the payroll, employee schedules, bookkeeping, and staff hiring.

The business operates out of a beautifully updated 2,000 sq. ft. strip center with a monthly rent payment of $4,666.67. The sellers initially put well over $250,000 into FF&E and leasehold improvements/buildout of the occupied space.

If you would like to discuss this business with great opportunity, please contact Chris Bruner directly from this site for the quickest response time.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

family

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 a franchise resale opportunity.

Relevant Links:

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