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- RE: Mediterranean Restaurant With 16' Foot Hood
- Contact: George Karas
- License #: S.0173285
Quick Facts
Asking Price: | $95,000 | |
Annual Revenue: | $300,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $50,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 3 | |
BBN Listing #: | 991873 | |
Broker Reference #: | 101-24252 |
Business Overview:
Fantastic opportunity to acquire an authentic Mediterranean restaurant situated in a busy, high-traffic shopping center. This well-established eatery specializes in traditional Mediterranean cuisine and continues to grow in popularity. The space is fully outfitted with a 16-foot Type-1 hood, a brand-new 10x6 walk-in freezer, a grease trap, a welcoming dining area, and a complete commercial kitchen setup. The restaurant occupies 1,363 square feet with a current monthly rent of $4,614. After two years of operation, the current non-experienced partners feel the business would greatly benefit from an experienced operator, particularly someone with strong skills in social media marketing and catering services, to take it to the next level. The sellers are prepared to provide qualified buyers with complete financial records, including POS reports. They’re also willing to offer training, share their recipes, and support a smooth ownership transition. The restaurant currently enjoys a solid 4.3- star rating on Google. For a quick response to your inquiry, please contact George Karas (RE# S.0173285; Business Broker Permit# BUSB.0006847).
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Property Features and Assets:
This is a leased location of 1,363 square feet with a Total monthly rent of $4,614. Lease ends 07/2030. Seller is active with 2 FT and 1 PT employees. Hours of operation are 11AM to 9PM, 7 days. $3,000 in inventory and $75,000 in FF&E included in the asking price. $35,000 made in leasehold improvements. Other Assets include Sign and cameras $5,000. Business and Health license required.
Reason for Selling:
MovingAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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