Mediterranean Restaurant for sale in a Great Location.

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Profitable Main Street Business with potential growth for Sale
Asking Price:
$340,000

Gross Revenue:
$800,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This is a 1,200sq.ft. Restaurant located in heart of financial district of a very busy town. This well established Restaurant has been under the same management since 2001. Base Rent is $6,225/m. Lease expires 2021 with 1 x 5 years option. Seller claims his gross annual revenue is about $800,000. There is a Full Bar - with 10ft hood in the kitchen. There are 30 seats inside and 30 seats outside. THIS BUSINESS IS PER-APPROVED FOR SBA LOAN OR SELLER WILL CARRY PORTION OF ASKING PRICE. Also seller is willing to carry $40,000.00

Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer

About the Business

Year Established:
2001
Number of Employees:
2 x FT, 2 x PT
Real Estate:
Leased
Building Sq. Ft.:
1,200
Lease Rate/Sq. Ft./Mo.:
$5.18
Lease Expiration:
5/30/2026
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About the Sale

Reason For Selling:
Retirement
Seller Financing:
Seller is willing to Carry $40,000. Beside that the business is pre-Approved

Listing Info

ID:
1509552
Ad Detail Views:
177

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Business Listed by

Katrina Afzali

Liberty Business Advisors of San Francisco Inc.

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Sponsoring Broker:

Matt Sadati
Liberty Business Advisors of San Francisco Inc.
License# 70704888

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Report an Issue 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 & Conditions.
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