Mediterranean restaurant.

Asking Price$150,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave

Mediterranean restaurant.


Asking Price$150,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Great shopping center location, surrounded by a mix of residential commercial and retail stores. Established 20 years, 10 years with current owner. This bright, inviting venue has a welcoming and impressive look from the tiled floor to the beautiful granite counter. The building size is 1080 Sf, seats 30 patrons inside and 20 in the pleasant patio outside. Rent is $5,500/MO, payroll is $7,500/MO and the gross annual sales are $250,000 as per seller statement. Has a fully equipped kitchen: 12 feet hood, multi compartment sink,3 hand washing basins, walk-in cooler, freezer, 48” BBQ grill, 2 head gas burner, fryer, 2 shawarma machines, ice maker, convection oven, rice cooker, rice warmer, 2 prep tables, 3 work tables, under counter refrigerators, soft drink fountain, soda refrigerator, microwave, TV screen, camera system grease trap and more. Business has ample parking spaces and opens 6 days 11:00 am – 8:00 pm and closed Sunday. This turn-key establishment with somewhat built-in clientele is the neighborhood favorite destination for its delicious food and vibrant atmosphere. Seller doesn’t engage in any active marketing relying only on word of mouth, reputation and good service. This sit-in, take-out and catering restaurant has an unlimited potential to grow beyond any investor imagination. A savvy buyer can start what the seller is not doing; using social media which is key in today’s marketing, mail out coupons, advertise specials etc. New owner can keep the same concept or convert to any type of cuisine: Sushi (was previously for the first 10years with another owner), Thai, Chinese, Korean, Burgers, franchise etc. All equipment, furniture and fixtures are included in the sale. This venue is most convenient for an owner/operator, or as a family run business. Don’t miss out on this opportunity.
Great shopping center location, surrounded by a mix of residential commercial and retail stores. Established 20 years, 10 years with current owner. This bright, inviting venue has a welcoming and impressive look from the tiled floor to the beautiful granite counter. The building size is 1080 Sf, seats 30 patrons inside and 20 in the pleasant patio outside. Rent is $5,500/MO, payroll is $7,500/MO and the gross annual sales are $250,000 as per seller statement. Has a fully equipped kitchen: 12 feet hood, multi compartment sink,3 hand washing basins, walk-in cooler, freezer, 48” BBQ grill, 2 head gas burner, fryer, 2 shawarma machines, ice maker, convection oven, rice cooker, rice warmer, 2 prep tables, 3 work tables, under counter refrigerators, soft drink fountain, soda refrigerator, microwave, TV screen, camera system grease trap and more. Business has ample parking spaces and opens 6 days 11:00 am – 8:00 pm and closed Sunday. This turn-key establishment with somewhat built-in clientele is the neighborhood favorite destination for its delicious food and vibrant atmosphere. Seller doesn’t engage in any active marketing relying only on word of mouth, reputation and good service. This sit-in, take-out and catering restaurant has an unlimited potential to grow beyond any investor imagination. A savvy buyer can start what the seller is not doing; using social media which is key in today’s marketing, mail out coupons, advertise specials etc. New owner can keep the same concept or convert to any type of cuisine: Sushi (was previously for the first 10years with another owner), Thai, Chinese, Korean, Burgers, franchise etc. All equipment, furniture and fixtures are included in the sale. This venue is most convenient for an owner/operator, or as a family run business. Don’t miss out on this opportunity.
Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
About the Business
Years in Operation
10
Employees
2 Full-time
Facilities & Assets
The building size is 1080 Sf, in very good condition, very nice mix of floor tiles and granite counter. Fully equipped kitchen, lease is $5,500/MO, long lease available, plenty of parking spaces. All equipment, furniture and fixtures are included in the sale.
Market Outlook / Competition
This is a Mediterranean restaurant is in a prime location, with no close competition. Has seating inside and outside in a nice patio. For the last 10 years it has been a destination for customers who appreciate the top quality Mediterranean food.
Opportunities for Growth
There is a great room for growth. Since seller doesn't engage in any active marketing. A savvy buyer can start what the seller is not doing; using social media which is key in today's marketing, mail out coupons, advertise specials, open Sundays etc.
About the Sale
Seller Motivation
Seller is retiring after 10 years in this location.
Transition Support
Seller will train, and help securing a smooth transition .
Listing Info
ID
2529266
Listing Views
10

Listing ID: 2529266 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
Hummus Republic
$150,000Hummus RepublicFeatured Franchise
Pizza Italian restaurant.
$165,000Pizza Italian restaurant.Studio City, CA
Teriyaki Madness
$200,000Teriyaki MadnessFeatured Franchise
Vitality Bowls
$75,000Vitality BowlsFeatured Franchise
Mediterranean Cuisine for sale
$445,000Mediterranean Cuisine for saleWoodland Hills, CA
Hummus Republic
$150,000Hummus RepublicFeatured Franchise
Pizza Italian restaurant.
$165,000Pizza Italian restaurant.Studio City, CA
Teriyaki Madness
$200,000Teriyaki MadnessFeatured Franchise