Mediterranean FAST CASUAL In Hillcrest.

Asking Price$350,000

Cash Flow
$248,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,140,000

Inventory$10,000
Included in asking price
FF&E$140,000
Included in asking price
Real EstateNot Disclosed

Oven Fresh !Save

Mediterranean FAST CASUAL In Hillcrest.


Asking Price$350,000

Cash Flow
$248,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,140,000

Inventory$10,000
Included in asking price
FF&E$140,000
Included in asking price
Real EstateNot Disclosed

Business Description
PRICE REDUCED.....Incredible Opportunity !!!!
Take over this TURNKEY and PROFITABLE Mediterranean Restaurant & Bakery in San Diego at a deep discount.
This place has it all !
Corner location in one of most vibrant communities in San Diego.
Plenty of walk-in traffic and late night "feasters".
The food is incredible!
The Tenant Build Out is first class, well designed, and less than two years old.
The atmosphere is open, very well lit, and extremely comfortable.
This is a turnkey set up and a money-maker from the start.
There is a solid base to launch this one to new levels !
Don't miss out !
About the Business
Years in Operation
2
Number of Employees
11
Facilities & Assets
Space is approximately 2260 SF
About 7 years left on the Initial Term.
Buyer to qualify with Landlord for Assignment or New Lease.
There is some onsite parking.....a rarity in this market.
The kitchen is fully built out, with 18 foot Hood, Grease Trap, and Gas Stone Oven.
DOES NOT have a B&W License....But the space has been licensed in the past....Huge upside !
Market Outlook / Competition
It took the Owner over 2 years and almost $500K for permits, construction, and equipment to open the doors.
That creates a strong barrier to entry.
The Owner is willing to sign a non-compete.
Opportunities for Growth
Two years of operation....Word of mouth is just catching on.
But more social media presence would really press it up.
Longer hours to catch the late night crowd.
Add a B&W license to enhance margins.
Open up 7 days per week.
About the Sale
Seller Motivation
Owner is launching a new business concept..
Transition Support
Seller will work with Buyer to ensure a smooth transition.
Hours to be negotiated.
Staff is experienced and committed.
2 of the 11 serve as Shift Managers already.
Listing Info
ID
2227538
Listing Views
6185

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Business Listed by: Gary Walswick KW COMMERCIAL

Listing ID: 2227538 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.


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