Greek Restaurant

| Asking Price: | $200,000 | Inventory: | $2,000 ++ |
| Gross Revenue: | $500,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $120,000 (comments below) | FF&E: | $75,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Add alcohol for more revenue | |||
| Cash Flow Comments: Add alcohol, Catering | |||
Well established restaurant in Prime location, the restaurant has been profitable and has good lunch crowd. Greek and Lebanese cuisine. Has great buffet or off menu. Priced to sell at $200,000. which is less than it would take to set up a start up. Great opportunity for Owner/Operator.
About the Business
Year Established:1989
Employees:5 full time -
Facilities:Very clean and neat. Prime location.
Market Outlook and Competition:This is a Prime location for lunch and dinner with excellent potential, a new Owner can continue to grow the business and profit in severalways. Note: Set up Bar and serve alcohol. Implement catering menu and promote dinner by advertising and marketing, direct mail to surrounding neighborhoods.
About the Sale
Management Training and Support:Training for 2 weeks. Staff will stay.
Reason For Selling:The Restaurant is run by an Absentee Seller and would like to sell for family reasons.
Seller Financing:70% down and Seller will carry the note.
KEYWORDS: Greek food. Beautiful atmosphere. Prime location.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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