Well Established Mediterranean Restaurant For Sale

Fort Collins, CO
Larimer County


Asking Price: Annual Revenue:
$299,000 $372,338

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well Established Mediterranean Restaurant For Sale Broker: Jeff Marcus

Quick Facts

Asking Price: $299,000
Annual Revenue: $372,338
Net Profit: Not Disclosed
Cash Flow: $109,624
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 6
BBN Listing #: 49778096
Broker Reference #: 6710

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Business Overview:

Well Established, Award Winning Mediterranean Restaurant for sale in Beautiful Fort Collins, Colorado is Generating Sales over $300,000 allowing the Owner/Operator to Take Home Almost $110,000 Annually!

Located in a trendy part of the Fort Collins area, this Mediterranean Restaurant for sale sees approximately 30,000 vehicles pass by daily and 81,000 residents with in a 3 mile radius. Just a half mile from the Colorado State University Campus, which has more than 33,000 students and 6,700 employees gives you a massive built-in client base to tap into!

Brought to you by We Sell Restaurants, this family owned and operated, multiple award-winning Mediterranean Restaurant for sale was established in 1991. The restaurant is 3,000 Square Feet with rent of $6,000 a month. They currently serve fresh and healthy Lebanese cuisine. The menu was created by making the family recipes only on a scale that they could feed the masses.

Great reviews online for their food, drinks and entertainment. This is a local hot spot that the college students come to for food, drinks (both alcoholic and from the juice bar), and their entertainment which is an advantage over most of the competition in the area and includes Open Mic nights, local talent, and Trivia nights to name a few. With a full liquor license and a bar with 11 beers on tap, this is the perfect college hot spot.

The owners will provide two weeks of FREE training to allow for a smooth transition that gets you going in the right direction from the start. This place has a fully equipped commercial kitchen that is ready to make anything you want with plenty of prep space, walk in coolers, warming stations, stove, ovens, hood system, and more.

This restaurant also has the opportunity for growth with the addition of breakfast and or catering and the current owner said they have been approved to construct a roof top bar to add additional seating and revenue. There is currently construction going on that will create over 1500 new apartments for student housing within blocks of the restaurant.

Hurry in to take advantage of this treasure in the heart of Fort Collins.

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Property Features and Assets:

Schedule A Equipment 11 Tables 44 Chairs 12 Patio Tables 24 Patio Chairs 13 Bar Stools 4 Big Screen TVs POS System 11 Bar Tap system Bar 3 comp sink Bar fountain Gun Security camera system Stereo system Bev Air 2 door up right beer cooler Arctic Air Up right Ice cream freezer Walk in 10 foot Walk in 8 foot Hobart mixer 60 pound Scottsman Ice Machine Thunderbird 20 quart mixer 3 Door Stainless steel reach in cooler Avantco 2 Door stainless steel Freezer 2 3 compartment sinks Dough Sheeter Warmer for catering Holman conveyor oven 2 Door work table True cooler 6 Eye Burner stove with 24 inch grill 2 large ovens Mixer 20 quart Hobart 3 Door randel Pizza Prep Table Randel oversize fryer Waring Warmer Auto Vertical Gyro Broiler Pepsi Fountain Machine Electric Gyro Knife 48 Inch counter display unit half with cooler Small wares

Market Competition and Expansion:

Well Established, close to the University, many restaurants nearby, Tons of new housing and apartments being built nearby.

Reason for Selling:

Retirement.

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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