Three Store Fast-Casual Greek Concept Restaurants

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$699,000 $1,832,173

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Three Store Fast-Casual Greek Concept Restaurants Broker: Ken Eisenband

Quick Facts

Asking Price: $699,000
Annual Revenue: $1,832,173
Net Profit: Not Disclosed
Cash Flow: $403,999
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 10
BBN Listing #: 89318096
Broker Reference #: 7217

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Business Overview:

This three store package of Fast Casual Greek Restaurants for sale will not last. Sales of over $1.8 Million generate more than $300,000 to the bottom line after all expenses are paid.

Profitable Multi-Unit Fast Casual Restaurants for Sale Concept generates owner-operator income of $302,000 per year. Three stores under a single brand name create a simple operation in tight territory allowing for easy oversight. These three fast-casual units have management in place with oversight for store level operations. This unmatched opportunity offered by We Sell Restaurants generated Gross Sales of $1,832,173 in 2018 with Annual Earnings for the Owner of $302,000.

The restaurants for sale have three locations in North Palm Beach County and South Martin County. These fast-casual units can easily be managed absentee. The first location was built out in 2008, with the two others being built in 2012 and 2013.
The locations are all in very popular shopping centers that are populated by National Tenants and strong regional operators. All are in populated areas with strong demographics. The square footage of the units is 1,920, 1,393, and 1,368, with indoor seating for 49, 34, and 24. Each store has outdoor seating that proves to be very popular. The combined rent for all three units is $14,079 per month including CAM and sales tax.

The menu in the fast-casual Greek and Mediterranean restaurants for sale consist of pitas and wraps filled with all your favorites such as gyro, Chicken, Beef, Falafels, prepared in a variety of proprietary sauces and spices. The menu also has all your Greek favorite entrees and appetizers. The restaurants for sale have a 2COP license which means you can offer beer and wine to your guests. The restaurants are open seven days per week. All recipes will transfer with sale and you will receive two weeks of training.

The Fast-Casual Greek and Mediterranean restaurants for sale all have similar equipment packages. The exhaust hoods are very long – up to 20 feet. All have gyro cookers, six eye burners, flat top frill and char-broilers. The refrigeration is all commercial grade. The front of house has digital menu boards, state-of the-art POS systems and much more. The trademarked name and logo will transfer with sale.

The minimum Proof of funds/liquidity requirement to learn more is $300,000. If you meet the financial threshold and have the drive and experience to own and run these three fast casual restaurants for sale with revenue approaching $2 million, please contact your Certified Restaurant Broker and listing agent Ken Eisenband.

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:

Tables Chairs Indoors Tables Chairs Umbrellas Outdoors Baby Chairs 1 Walk iShelving Kitchen Area 1 Food Processor 1 Hand Held Mixer 1 Stainless Steel Cabinet with 2 door storage 2 Indoor Garbage systems 2 Microwaves 1 Small Chest Freezer 1 Large Chest Freezer 1 Sandwich Unit 1 20 foot hood system with Ansel Fire Suppression 1 Drop in 3 Compartment hot unit 1 Drop in Cold unit 1 POS System with 2 printers 1 Telephone fax system modem 1 Camera Sarva System 1 Open Sign Electric Neon 1 Soup Kettle 3 Hand Wash Stainless Steel Sinks 1 Pepsi Fountain Cooler Pepsi owned and Serviced 1 Stainless Steel Top Counter for Fountain 2 Sm Fill in Stainless steel tanks 1 Lg Stainless steel table for gyro machine LO Storage 4 Gyro Gas Machines 1 Gyro Knife Electric 1 Gas Grill 1 Charcoal Grill Gas 1 Convection Oven 1 Shelving Sink Area 1 3 Compartment Sink smallwares Pots Pans 3 Fire extinguishers 1 neon bud light sign electric TV Monitors Menu Boards with Remote 1 Walk in Refrigerator 3 Stainless Steel tables kitchen 1 20 Foot Hood Stem with Ansul System 1 3 Door Upright Stainless Steel Freezer 1 Chest Freezer 1 Food Processor 1 Hand Held Mixer 1 3 Compartment Stainless Steel Sink Shelving 1 Time Clock 2 TV Menu Board Monitors with Remotes 1 Table Top Convection Oven 2 Microwaves 2 Friors 1 4 Burner and Stainless Steel Table Gas 1 Grill 1 Charcoal Grill 4 Gyr Machines with Stainless Steel Table 1 Open Electric Sign 1 Soup Electric Kettle 1 Can opener Telephone System 2 Stainless Steel Hand Sink 1 POS System with 2 Printers 1 Drop in 3 Coup hot unit 1 Drop in cold refrigerated unit 1 open drink cooler grab and go 1 sandwich unit refrigerated 1 Pepsi fountain cooler pepsi owned and serviced 2 InDoor Garbage enclosures 1 Stainless Steel Counter Table Front Area 1 Under Counter Safe 1 Camera Surveillance System Tables and Chairs Indoor Outside Tables and Chairs Umbrellas Smallwares Pots and Pans Utensils Baby Chair 4 Fire extinguishers Tables Chairs and Stools Baby Chairs 20 Foot Hood System with Ansel Suppression system Pepsi Fountain Machine Owned by Pepsi Sandwich Prep Table Coun 2 door Freezer 3 Compartment Hot Drop In Refrigerator Cold Drop in POS System with 2 Printers Phones 4 Gyro Machines 2 Electric Gyro Knives 1 Gas Grill 1 Char Coal 1 Stove with Gas Burners 2 friors 2 Microwaves with Stand1 Stainless Steel Table for Gye Machines 3 Stainless Steel Tobler 1 Food Processor 1 Time Clock Shelving 3 Compartment Stainless Steel Sink 1 Walk In Cooler 3 Door Stand up freezer 1 Open Sign Electric Sm Chest Freezer 1 Can opener small wares pots, pans, utensils 1 Hand Held food Mixer TV Moniter Menu Board with Routers 1 Soup Electric Kettle 3 Fire Extinguishers 1 Telephone System 1 Open Grab and Go Cooler 2 Indoor Garbage Inclosers 1 under counter safe 1 camera surveillance system outside tables and chairs outside umbrella 3 handwash stainless steel sinks n Refrigerator

Market Competition and Expansion:

Easy to operate concept that can easily grow more locations. well known name in the area.

Reason for Selling:

Other

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.

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