Beverly $ 85K- Mediterranean Grille. Wow!

Beverly, MA
Essex County

Prime downtown area, high visibility.

Asking Price: Annual Revenue:
$85,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Beverly $ 85K- Mediterranean Grille. Wow! Broker: Bob Cioffi
Owner Financing is Available!
Yes some limited owner financing for qualified buyer

Quick Facts

Asking Price: $85,000
Annual Revenue: $500,000
Net Profit: $125,000
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 6
BBN Listing #: 757919596
Broker Reference #: BC 75

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Business Overview:

TYPE OF BUSINESS: Turnkey-Mediterranean Grille
LOCATION: Salem-Beverly Area
SELLING PRICE: $85,000.( major Price drop to $85.000)
SALES VOLUME: $10,000 per week,
LEASE: $3,825 per month, includes NNN. New lease available.
SQUATRE FOOTAGE: 1,200 square feet.
HOURS OF OPERATION: 6 days 11am -8pm (9pm, Fri. & Sat) Closed Sundays
SEATING: (inside 25)

COMMENTS: Here’s your chance to own an Authentic middle eastern restaurant. This restaurant gets rave reviews for its fabulous scratch kitchen and service. Homie, warm and offering the tastes of the old world are here for you to enjoy. Turnkey just needs a few employees, a great set up, and easy to operate. Priced to sell with some owner financing if needed. Perfect for a family or an aspiring chef-owner. Has parking & a full cellar. Can also be converted to almost any fast-food concept. Contact Bob using reply to this ad button. This will not last, It’s that good.

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Property Features and Assets:

Excellent condition, prime location w/ parking. Busy retail area. Clean, organized, good cooking line, Can be any concept if one chooses. Full Cellar and room to get innovative with dining area.

Market Competition and Expansion:

Limited mediterranean restaurants in the area, plenty of room to expnd product outrech, add more delivery, catering and open Sundays, a huge day for good sales, all profit.

Reason for Selling:

Other pressing interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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