Large 50 Seat Patio, Greek - Mediterranean Rest.

Naples, FL
Collier County


Asking Price: Annual Revenue:
$199,000 $900,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Large 50 Seat Patio, Greek - Mediterranean Rest. Broker: David Whitcomb

Quick Facts

Asking Price: $199,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $179,698
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 11
BBN Listing #: 16158096
Broker Reference #: 8004

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Business Overview:

Fantastic, family owned and operated Mediterranean- Greek Restaurant for Sale in Collier County Florida. This well-established, thriving business has a large wrap around patio and is completely turn-key ready to run as is or alter it to suit your concept. Verifiable owner benefit over $170,000! 95 seat restaurant with 50 seat patio is currently operating for dinner only. Lunch was so busy in the past they needed to discontinue! The refined yet traditional Mediterranean menu in place is approachable and extraordinarily well received by their devoted clientele as is evidenced by the outstanding online customer reviews. Third party delivery in place and has done well generating additional revenue streams in 2020 for this Mediterranean Restaurant for Sale. Nestled away in the end cap of a very picturesque plaza but still just a stone's throw away from Tamiami Trail to be easily accessible, the 1650 square foot space is only $3800 per month including all CAMs. There is a year left on the lease with 1 5 year option to renew. 20,000 households with an average income over $112,000 located within a 3-mile radius keeps this Mediterranean Restaurant for Sale bustling for dinner service 6 nights a week. We Sell Restaurants will be happy to answer any questions you may have on the lease. The well-equipped kitchen is efficiently laid out, yet substantial enough to produce meals generating nearly $900K in dinner only revenue for 2019. The Mediterranean Restaurant for Sale currently operates under a 2COP license. Many of the discerning clientele select wines to accompany their dinners from the stream-lined, well thought out and cohesive wine list developed by the owners. Any number of concepts could be contemplated out of the space that this Mediterranean Restaurant for Sale operates out of with just a slight variation in ambiance and decor. Italian, Lebanese, Egyptian or continue as an established family owned and operated Mediterranean restaurant. This established Mediterranean Restaurant for Sale is ready for new owners. After a prosperous lifetime in the industry the Sellers are ready to retire. If you are looking for an established dinner only restaurant business with below market rent, existing customers, a strong reputation within the community for a great dining experience in a friendly yet down-to-earth ambiance, this could be the one for you!

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Property Features and Assets:

60 inch Euro curved glass pastry case with shelves True 60 inch 2 door keg refrigerator Three Insignia 29 bottle wine coolers Ge wine glass cooler Kenmore 25 cc refrigerator with freezer top 1 tall SS M3 Turbo air Refrigerator with shelves 1 tall SS M3 Turbo air Freezer with shelves Avantco 2 door tall Refrigerator 1 Frigidaire refrigerator with freezer top 1 True 48 inch 2 door deli top refrigeration 1 Turbo air 72 inch 3 door refrig with deli top 1 magic chef 60 inch chest freezer 4 Frigidaire microwaves 1 Oster microwave 42 inch LG TV 2 stereo receiver and speakers 1 LAVU POS system with 2 terminals and 3 printers 2 36 inch tall tower fans 1 Imperial 24 inch gas Charbroiler with stand and shelves 8 foot hood system with NEWROOF POWER EXHAUST FAN UNIT. 1 Pitco fryer gas with 2 basket 2 Devanco electric gyro machines 1 Garlant gas oven and stove 6 burner 2 SS 48 inch work tables with shelves 1 24 x 36 SS work table with shelves 2 full pan food warmers electric 2 Chefs electric sauce pants 7 qt. 1 SS storage rack with 5 shelves 1 buser cart 3 shelves on wheels 2 48 inch folding catering tables 1 60 inch folding catering table 1 oak finish hostess desk with shelves 1 HP pro printer 60 inch tall wire shelve rack for menus 2 36 inch pastry area working tables 7 shiny oak finish dining tables 30x30 4 Shiny oak finish dining tables 36x36 36 natural oak padded chairs 8 tall bar chairs padded 8 patio tables 36x36 2 patio tables 24x36 1 patio table 30x24 2 48 inch round patio table 54 patio chairs with arm rests 5 Propane gas patio heaters 72 inch tall 2 patio ceiling fan 60 inch 1 patio ceiling fans 54 inch 3 flower wall trellis 8 to 10 outdoor artificial plants New patio padded pillows and tablecloths Many decorations and art paintings inside and out in patio Many pots pans dishes glasses and Misc small wares 750 lb Ice machine Leased 300 month Auto dishwasher machine Leased 250 month

Market Competition and Expansion:

Great location in North Naples, low rent, unique Greek cuisine, well established, profitable large garden patio, covered and heated).

Reason for Selling:

Retiring

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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