Restaurant Franchise for Sale - The Simple Greek

Lexington, KY
Fayette County


Asking Price: Annual Revenue:
$75,000 $516,701

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Restaurant Franchise for Sale - The Simple Greek Broker: Robin Gagnon

Quick Facts

Asking Price: $75,000
Annual Revenue: $516,701
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 11
BBN Listing #: 69598096
Broker Reference #: 7340

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Buy this Simple Greek restaurant franchise for sale for a fraction of the cost of starting a new store and you'll be joining a fast-growing, proven concept that is totally unique in the fast food industry. Gross sales over $500,000! Possible Seller Financing! The Simple Greek brand says that a reasonable expectation to start a location is between $300,000 - $640,000 but with this opportunity you are getting a turn-key location at a fraction of the original investment. With this restaurant franchise for sale being priced at $99,900 you are literally saving hundreds of thousands of dollars off the initial investment. We Sell Restaurants is offering this turn-key space that is 2200 square feet with rent including CAM's for under $3 per foot and a six-year lease is in place. This restaurant franchise for sale boasts seating for forty and includes a beer and wine license. Huge opportunity! This restaurant franchise for sale has an excellent location in a very busy shopping center anchored by a major food chain and numerous local and national retailers bringing thousands of customers to the center every day with high traffic count. The current owner of this restaurant franchise for sale is absentee and due to time constraints is unable to continue. The deal they are offering is unmatched with a turn-key, fully equipped space, as well as two-week on-site owner training. All for far less than the price of most franchise's start-up equipment. This location has barely scratched the surface on the catering opportunities, tons of potential is waiting for the new owner to come build up these sales. This restaurant franchise for sale has a fully equipped commercial kitchen that includes the following equipment: Refrigerated work top, Mega top sandwich salad preparation refrigerator, Refrigerated self service under counter height case, Mega top sandwich salad preparation refrigerator, Walk in cooler modular self contained, Walk in freezer modular self contained, Range 24 inch 4 open burners, Fryer gas floor model full pot, Charbroiler gas countertop, French fry cutter, Rice cooker, Pro commercial microwave oven, Serving counter hot food electric, Display case hot food countertop, Heated cabinet mobile, Equipment stand refrigerated base, Work table cabinet base sliding doors, 7 work tables stainless steel top, Ice maker cube style air cooled self contained, Mop sink, Hand sink, Three compartment sink, Fryer filter mobile. A total of eleven employees are in place including two full-time. They are ready to help you start delivering profits on this restaurant franchise for sale. With the current staff in position a new owner/operator can come in and take advantage of the catering side of the business where the potential is limitless. The Simple Greek was named as Franchisee of the Year in 2018 and was mentioned as a high-growth, emerging concept to watch at the 2019 National Restaurant Show by Tehnomic, Inc. When buying this restaurant franchise for sale you get an fast growing brand that delivers the power of social media, television, and the celebrity status of its founder Marcus Lemonis who is a household name. The brand was founded in 2015, franchised in 2016 and currently on track to have fifty stores open by year-end.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Refrigerated work top Mega top sandwich salad preparation refrigerator Refrigerated self service under counter height case Mega top sandwich salad preparation refrigerator Walk in cooler modular self contained Walk in freezer modular self contained Range 24 inch 4 open burners Fryer gas floor model full pot Charbroiler gas countertop French fry cutter Rice cooker Pro commercial microwave oven Serving counter hot food electric Display case hot food countertop Heated cabinet mobile Equipment stand refrigerated base Work table cabinet base sliding doors 7 work tables stainless steel top Ice maker cube style air cooled self contained Mop sink Hand sink Three compartment sink Fryer filter mobile

Market Competition and Expansion:

Marcus Lemonis company. Power of social media, television, and celebrity status. Franchisee is Mr. Lemonis' operating partner. Build your own greek is a fast growing category. High traffic count, Kroger as shopping center anchor, lots of potential to grow catering.

Reason for Selling:

Personal

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 a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!