Pasadena Established Turn-Key Mediterranean Restaurant & Event Venue

Asking Price$500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$352,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Pasadena Established Turn-Key Mediterranean Restaurant & Event Venue


Asking Price$500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$352,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Turnkey, fully equipped Mediterranean restaurant opportunity in Pasadena. The restaurant features a spacious dining area, service counter, indoor seating, sidewalk patio seating and a complete commercial kitchen. The warm, rustic interior includes wood-paneled walls, barrel accents, decorative lighting and tile flooring, creating a comfortable and inviting atmosphere.

The existing furniture, fixtures and equipment (FF&E) include a large Type 1 commercial exhaust hood, multi-burner gas range with flat-top griddle and double ovens, commercial kebab/charbroiler station, vertical shawarma/gyro broiler, deep fryers, meat grinder, specialty food-preparation equipment, refrigerated preparation station, commercial refrigerators and freezers, upright glass-door freezer, under-counter glass-door beverage coolers, countertop ice maker, service/display counter, commercial sinks, stainless-steel worktables and shelving, storage racks, cookware, preparation containers, plates, serving pieces, utensils, POS/register systems, dining tables and chairs, outdoor patio furniture, wall-mounted television, menu boards, fans, lighting fixtures and restaurant décor.
The restaurant is currently open seven days a week and has been operated by the current owner for approximately six years. The business currently has two full-time and three part-time employees. Current rent is approximately $6,700 per month, and the existing lease reportedly expires April 10, 2034. Lease terms and assignment are subject to landlord approval and buyer verification.
An existing beer-and-wine license is included in the sale, subject to ABC approval and transfer. The premises also reportedly have a Conditional Use Permit offering potential for full-liquor licensing. Buyer must independently verify the CUP, permitted uses and all licensing requirements with the appropriate governmental agencies.

The property may also offer potential for private events and a rear hookah-lounge concept, subject to landlord consent and all required city, health, fire, tobacco and other governmental approvals.

Current food, beverage and supply inventory may be included, subject to a physical count and written agreement at closing. All FF&E, inventory, permits, licenses, lease terms, permitted uses and equipment condition are subject to buyer investigation and verification.
Please do not disturb employees or contact the business directly. Contact the listing agent for pricing, financial information and private showings.
About the Business
Years in Operation
20
Employees
5 (2 Full-time, 3 Part-time)
About the Sale
Seller Motivation
Retiring
Listing Info
ID
2555749
Listing Views

Listing ID: 2555749 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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