Mediterranean Restaurant For Sale

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Mediterranean Restaurant For Sale
Asking Price:
$280,000

Gross Revenue:
$800,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Successful operated Greek restaurant for over 17 years. Located in grocery anchored shopping center. Great neighborhood & steady loyal customers. Owner retiring after over 35 years in the restaurant business. Cozy ambiance with 120+ seats. Private party area can accommodate up to 42 Owner on payroll. Most of staff will stay if new owner desires. Seller will help during transition. Breakfast is available on Saturdays and Sundays. Very family oriented. Beer & Wine.

About the Business

Location:
Fairfax, Virginia
Year Established:
2002
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
2,800
Rent:
$8,500.00 Per Month
Facilities:
2,850 sf. 120+ seats. Walk-in cooler. Clean, well maintained facility. Nice dining room.
Market Outlook/
Competition:
Not much of competition.
Growth & Expansion:
Better marketing, delivery & carry out needed.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Seller will help 2 weeks for transitioning
Seller Financing:
No financing

Listing Info

ID:
1619008
Ad Detail Views:
0

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Business Listed by

Dashka Altanbasan

Westgate Business Group, LLC

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Sponsoring Broker:

Vinh Nguyen
Westgate Business Group, LLC
License# Licensed in DC, VA, MD


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