Mediterranean Restaurant with family recipes

Asking Price$130,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$277,653

Inventory$5,000
Not included in asking price
FF&E$35,000
Included in asking price
listing imageSave

Mediterranean Restaurant with family recipes


Asking Price$130,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$277,653

Inventory$5,000
Not included in asking price
FF&E$35,000
Included in asking price
Business Description
Updated Financials with additional Owner Benefit.

Family recipes and the home cooked feel in a restaurant that was founded in 2007. This local establishment has been serving a selection of European food in a comfortable atmosphere for 18 years and the owner is ready to retire. The surrounding area has a mix of fast food and family dining. There are large national chains and local cuisine with the typical pub style food and high end options. This restaurant is unique in it's popular ethnic variety. The menu includes a variety of fresh seafood, lamb, steak, chicken and vegetarian dishes.
About the Business
Years in Operation
19
Employees
1
Facilities & Assets
Founded in 2007 from a desire to provide the food he grew up with to his neighbors and friends. The space has grown into a local favorite with a loyal following and diverse menu.
Market Outlook / Competition
This is the only Mediterranean restaurant in the surrounding area.
Opportunities for Growth
Huge upside potential in this upscale growing area.

The area has a significant boom in new home construction and commercial development.

There is an opportunity to expand the business is 3 key ways;
1. Expand the hours
2. Advertise - all the business is currently word of mouth.
3. Delivery & Catering - They currently don't do any deliveries or catering.

Extended hours and develop a marketing strategy to promote the unique cuisine offered at this restaurant will have an immediate impact on the bottom line.

They currently offer bottled beer and wine and would benefit from a full bar.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$1,500.00 per month
About the Sale
Seller Motivation
Health/Retirement
Transition Support
4 Week
Listing Info
ID
2396269
Listing Views
313

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Shawn Pepe Transworld Business Advisors of Albany

Listing ID: 2396269 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.


Similar Listings
Vitality Bowls
$75,000Vitality BowlsFeatured Franchise
Turn Key Resturant for sale
$325,000Turn Key Resturant for saleRensselaer County, NY
French Bistro Bar and Restaurant
$350,000French Bistro Bar and RestaurantRensselaer County, NY
Teriyaki Madness
$200,000Teriyaki MadnessFeatured Franchise
Wood Fired Mediterranean FOOD
$60,000Wood Fired Mediterranean FOODRensselaer County, NY
15 YEAR Turn-key pizza shop for sale
$105,00015 YEAR Turn-key pizza shop for saleRensselaer County, NY
Vitality Bowls
$75,000Vitality BowlsFeatured Franchise
Turn Key Resturant for sale
$325,000Turn Key Resturant for saleRensselaer County, NY
French Bistro Bar and Restaurant
$350,000French Bistro Bar and RestaurantRensselaer County, NY
Teriyaki Madness
$200,000Teriyaki MadnessFeatured Franchise
Wood Fired Mediterranean FOOD
$60,000Wood Fired Mediterranean FOODRensselaer County, NY
15 YEAR Turn-key pizza shop for sale
$105,00015 YEAR Turn-key pizza shop for saleRensselaer County, NY
Vitality Bowls
$75,000Vitality BowlsFeatured Franchise