Greek & Mediterranean Restaurant – Wrentham Area, MA 21 years Lease

Asking Price$319,000

Cash Flow

EBITDA$99,000

Gross Revenue$478,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

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Greek & Mediterranean Restaurant – Wrentham Area, MA 21 years Lease


Asking Price$319,000

Cash Flow

EBITDA$99,000

Gross Revenue$478,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Business Description
Unique Greek & Mediterranean Restaurant
Established Greek & Mediterranean Restaurant – Wrentham Area, MA

Confidential Business Opportunity

A unique opportunity to acquire an established Greek & Mediterranean restaurant in the Wrentham area of Massachusetts, offering a distinctive concept, established operations, and the significant benefit of approximately 21 years remaining on the current lease, plus four renewal options.

The restaurant features a diverse menu of authentic and popular Mediterranean offerings, including gyros, Greek pitas, combination platters, rice bowls, falafel, hummus, tzatziki, Greek and specialty salads, fresh-squeezed juices, smoothies, milkshakes, baklava, and traditional desserts.

The business is positioned to serve a broad customer base, including individual diners, families, takeout customers, online orders, and catering clients.

Business Concept

The menu includes:
Chicken Gyro & Beef/Lamb Gyro
Greek & Falafel Pitas
Combination Platters
Greek Rice Bowls
Moussaka & Pastitsio
Greek, Garden & Caesar Salads
Hummus & Tzatziki
Falafel
Fresh-Squeezed Juices
Smoothies
Milkshakes
Soft Drinks
Baklava & Desserts
Operating Schedule

Monday – Wednesday: 11:00 AM – 8:00 PM
Thursday – Saturday: 11:00 AM – 9:00 PM
Sunday: Closed

Approximately 57 operating hours per week, providing a manageable six-day operating schedule.

Monthly Operating Expenses
Expense Monthly
Rent $3,506
Electricity $1,000
Gas $300
Internet $144
Water $80
Sales Tax $2,300
POS System $75
Online Ordering $299
Payroll $8,000
Food Cost $7,200
Lease Terms

Current Monthly Rent: $3,506 (Including NNN)
Base Rent: $2,600
Annual Increase: 10% from base rent
Lease Structure: NNN
Lease Term: 21 years
Options: 4 options

NNN expenses include trash, snow removal, property taxes, and insurance.

Growth Opportunity

The business provides an opportunity for an owner-operator to take over an established Greek/Mediterranean restaurant concept with an existing menu, operating infrastructure, and online ordering presence.

Potential growth opportunities include:
1- Adding new items to the menu as the restaurant serve only 4 different items
2- Expanding catering
3- Increasing online ordering
4- Local digital marketing
5- Corporate and office catering
6- Delivery partnerships
7- Extended operating hours
8- Menu optimization
9- Increased customer outreach and social media marketing

Business name, exact location, and additional identifying information will be provided to qualified buyers upon request and execution of appropriate confidentiality documentation.
About the Business
Years in Operation
26
Employees
3 (2 Full-time, 1 Part-time)
Facilities & Assets
All equipment is included in the sale.
Opportunities for Growth
There is a lot of potential for growth by hiring more employees, offering delivery, increasing operating hours, and adding a few more items to the menu.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,150
Rent
$3,506 per month
Lease Expiration
1/1/2047
About the Sale
Seller Motivation
Owns two businesses and wants to focus on one.
Transition Support
Available for two weeks of training.
Financing Options
Preferred cash, financing available
Listing Info
ID
2539299
Listing Views

Listing ID: 2539299 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. See our full Terms of Use. Learn how to avoid scams.