Two East Bay Locations of Mediterranean Quick-Serv

Not Disclosed, CA
Alameda County

Bay Area

Asking Price: Annual Revenue:
$650,000 $1,778,311

Food & Beverage: Miscellaneous

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RE: Two East Bay Locations of Mediterranean Quick-Serv Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,778,311
Net Profit: Not Disclosed
Cash Flow: $308,554
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 764411533
Broker Reference #: 3980

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Business Overview:

Two East Bay Locations of Mediterranean Quick-Serve; $1,7+ Revenue; $308K Profit SBA Financing

RRC#: 3980;
Asking Price: $650,000;
Location: Bay Area, California;
Annual Revenue: $1,778,311;
Annual Cash Flow: $308,554;
Monthly Rent: $9,445 & $3,925;

Listing Description:
Two locations of a Mediterranean quick-serve concept for sale, both located in the East Bay. This is an opportunity to purchase an established business that has the potential to be scaled to additional locations. Current owners are absentee, and the operation runs smoothly, with an average of 4.5 stars on Yelp. The food is on-trend and healthy. These businesses come with SBA financing options - please inquire for more details.

The company has put a lot of time and resources into its branding and marketing. They present their food in a distinctive manner, and use customized packaging. They have significant repeat business, and regularly engage with customers through their marketing campaigns and have roughly 18,000 customer email contacts. The company has training and procedure manuals to guide standard operating processes.

The data on sales below is from the 2019 fiscal year. During 2020 the two stores were completely closed down for two months in addition to dealing with the other pandemic-related restrictions, and their sales were approximately 61% of 2019 sales. As of June 2021, the two stores are at 75% of 2019 revenue and are on track to meet or exceed 100% by the end of the year based on the current trend. More information regarding this chain is available upon request.

General Information:
Organization: Corporation
Year Established: 2013
Current Owner: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $148,192
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,778,311
Annual Cash Flow: $308,554
Payroll: Contact for Info

Square Feet: 3,320 & 816
Seating: 75 & 8 Inside / 30 & 30 Outside
Parking: Parking Lot
Days/Hours of Operation: 11am - 8pm Daily

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Property Features and Assets:

Square Feet: 3,320 & 816; Seating: 75 & 8 Inside / 30 & 30 Outside; Parking: Parking Lot.

Reason for Selling:

Other 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.

Relevant Links:

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