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- RE: Mediterranean Restaurant And Bar
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $950,000 | |
| Annual Revenue: | $1,535,000 | |
| Net Profit: | $300,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $80,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 12 | |
| BBN Listing #: | 953970 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a beautiful well-established Mediterranean restaurant/bar/grill in the heart of Peoria with solid reviews and great staff in place then look no further. The restaurant boasts a solid 4,500 square feet suite with an outdoor patio and a bar and a great lease in place as well below market at $9280 per month There is ample parking near the business and surrounded by solid neighbor tenants. The owner opened the business over 12 years ago and built a solid relationship with the surrounding community and made it strong through COVID. The owner has all the books and records you will need to review the business. The seller is also offering great seller financing terms with $600,000 down and $350,000 balance over 3 years at 7%. Hurry up this go quick.
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Property Features and Assets:
4,500 square feet suite in the corner of a center with an outdoor patio.
Market Competition and Expansion:
Tons of room for growth with more online marketing.
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
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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