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- RE: $195,000 NET Highly-Rated Mediterranean Restaurant
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | $320,000 | |
| Net Profit: | $195,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1006846 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a beautiful turn-key Mediterranean restaurant and bar with a great brand and very well know in the Valley and voted the best Mediterranean cuisine year after year by local food magazines then look no further. The restaurant has been established for many years and has a very solid customer base and is currently family-run.
Situated in North Phoenix near Scottsdale this restaurant boasts a beautiful dining area and bar and an outdoor patio in the front. The lease is great as well at only $3750 per month. The restaurant is moving up fast and has tons of room for growth.
The brand can be moved to a new second location and produce such as a Westgate Location.
The seller is also offering amazing seller terms at $300,000 down and $150,000 carry for 3 years at 7%. Hurry up this will go quick.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Located in a busy strip center with solid tenants surrounding and a lot of foot traffic.
Market Competition and Expansion:
Tons of room for growth by adding a location with the brand name.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Arizona businesses for sale
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