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- RE: Established Mediterranean Restaurant For Sale
- Contact: Stephen Lee
- License #: 567204
Quick Facts
Asking Price: | $419,000 | |
Annual Revenue: | $945,603 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $173,078 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 12 | |
BBN Listing #: | 954996 | |
Broker Reference #: | #001441 |
Business Overview:
A high-volume Mediterranean restaurant, with over a decade of successful operation, is now available for acquisition in a thriving North Dallas suburb. Originally established in 2013 and later acquired by the current owner in early 2020, the restaurant offers a wide variety of Mediterranean cuisine and an array of desserts that appeal to a broad customer base. A buffet is served during lunch hours only.
The business operates out of a spacious 3,327 square feet facility located near a major highway and positioned at a busy intersection. Surrounded by densely populated residential areas, including apartments, townhouses, and single-family homes, as well as numerous local businesses, the restaurant benefits from steady foot traffic. The space can accommodate up to 160 guests, offering 100 indoor seats, 30 outdoor seats, and a private room that holds an additional 30, making it ideal for large groups and corporate events. The diverse and loyal customer base reflects the mixed demographics of the area, attracting individuals and families from various backgrounds.
While there are competitors in the vicinity, this restaurant distinguishes itself through its broader menu selection, competitive pricing, and strong reputation within the community. It has a solid marketing foundation, including an official website, active social media presence, numerous positive online reviews, and integration with third-party delivery platforms. Growth opportunities exist through expanding services, such as adding a Sunday lunch buffet or introducing new menu items.
The current owner manages the business part-time, overseeing daily operations and bookkeeping. For a qualified buyer, this is a fantastic opportunity to take over a well-established Mediterranean restaurant in a high-traffic area with significant growth potential.
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Property Features and Assets:
The business operates out of a spacious 3,327 square feet facility in North Dallas County located near a major highway and positioned at a busy intersection. Surrounded by densely populated residential areas, including apartments, townhouses, and single-family homes, as well as numerous local businesses, the restaurant benefits from steady foot traffic. The space can accommodate up to 160 guests, offering 100 indoor seats, 30 outdoor seats, and a private room that holds an additional 30, making it ideal for large groups and corporate events. / Inventory: $5,000 (Included in listed price).
Market Competition and Expansion:
Competition: While there are competitors in the vicinity, this restaurant distinguishes itself through its broader menu selection, competitive pricing, and strong reputation within the community. / Growth and Expansion: Growth opportunities exist through expanding services, such as adding a Sunday lunch buffet or introducing new menu items.
Reason for Selling:
Other OpportunitiesAdditional 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
Documents:
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