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- RE: REDUCED! Profitable Mediterranean Restaurant
- Contact: Tom Buckley
Quick Facts
Asking Price: | $110,000 | |
Annual Revenue: | $403,460 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $78,749 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 8 | |
BBN Listing #: | 946759 | |
Broker Reference #: | 12-298 |
Business Overview:
HUGE PRICE REDUCTION!
This restaurant serves the best Mediterranean food in the area! This locally owned business serves food with fresh ingredients combined with old world flavors and recipes passed down generations. From their famous chicken shawarma to the delicious vegetarian falafel, their menu will leave you wanting more!
EXTREMELY MOTIVATED SELLER!
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Market Competition and Expansion:
Competition: This restaurant stands out for several reasons: First, food is very good, fresh ingredients, excellent presentation, seating is comfortable and allows for private conversation, great atmosphere for dining and actually enjoying a meal.
Growth & Expansion: Restaurant is currently closed on Monday so a new owner could add a day of revenue, also hours are relatively short so could be expanded. Current owner does minimal advertising. The owners’ other jobs just don’t allow them to focus on growth.
Reason for Selling:
One owner has a full time job and the second owner has a full-time professional position available. Just can’t do as much as theAdditional 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
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