Profitable Greek Restaurant with 21 Years of Loyal Customers
Business Description
Rare opportunity to acquire a beloved Greek and Mediterranean restaurant serving the greater Pittsburgh area for over two decades. This highly respected, family-operated restaurant has built an incredibly loyal customer base with scratch-made recipes, strong repeat business, and a reputation for quality that keeps customers coming back year after year.
Established in the early 2000s, this independent restaurant has become one of the most recognized local Greek food destinations in the South Hills area. Known for its authentic scratch-made soups, sauces, dressings, gyros, and Mediterranean specialties, the business has created a powerful word-of-mouth following with customers who have been dining there since opening day. The restaurant operates from a beautifully maintained and remodeled strip-center location with approximately 50 seats, plus strong takeout, catering, and third-party delivery sales.
Key Financial Highlights
- Gross Revenue: $754K
- Seller’s Discretionary Earnings (SDE): $228K
- Exceptional 32.9% SDE margin in 2023 with strong operational efficiency
Operational Overview
The business operates with a lean, experienced team of 7 employees plus the owners. Operations are highly systemized with Clover POS, outsourced payroll/accounting, and standardized recipes for all menu items. The owners remain active in daily operations, ensuring exceptional food quality and consistency, while the existing kitchen team is capable of supporting a more semi-absentee ownership model. Everything is made fresh daily on-site using proprietary recipes refined over 21 years.
Reason for Sale
The current owners are looking to transition into retirement and spend more time with family and traveling, creating an incredible opportunity for a new owner to build upon the strong foundation they have created.
Growth Opportunities
- Extend operating hours beyond the current 7 PM kitchen close
- Open Sundays and Mondays to immediately increase revenue
- Expand catering and corporate lunch accounts
- Add additional delivery platforms such as Uber Eats
- Introduce loyalty programs, social media marketing, and paid advertising
- Explore beer and wine licensing opportunities
- Eliminate the current annual summer closure for additional revenue capture
Ideal Buyer Profile
This opportunity is ideal for an owner-operator, family business buyer, or restaurant group looking for a profitable, highly respected restaurant with deep community roots and substantial growth potential. The hard work of building the reputation, recipes, and loyal customer base has already been done — now a new owner can capitalize on the untapped upside and take the business to the next level.
For more information on this opportunity, including detailed financials and operational details, please submit a business inquiry.
Established in the early 2000s, this independent restaurant has become one of the most recognized local Greek food destinations in the South Hills area. Known for its authentic scratch-made soups, sauces, dressings, gyros, and Mediterranean specialties, the business has created a powerful word-of-mouth following with customers who have been dining there since opening day. The restaurant operates from a beautifully maintained and remodeled strip-center location with approximately 50 seats, plus strong takeout, catering, and third-party delivery sales.
Key Financial Highlights
- Gross Revenue: $754K
- Seller’s Discretionary Earnings (SDE): $228K
- Exceptional 32.9% SDE margin in 2023 with strong operational efficiency
Operational Overview
The business operates with a lean, experienced team of 7 employees plus the owners. Operations are highly systemized with Clover POS, outsourced payroll/accounting, and standardized recipes for all menu items. The owners remain active in daily operations, ensuring exceptional food quality and consistency, while the existing kitchen team is capable of supporting a more semi-absentee ownership model. Everything is made fresh daily on-site using proprietary recipes refined over 21 years.
Reason for Sale
The current owners are looking to transition into retirement and spend more time with family and traveling, creating an incredible opportunity for a new owner to build upon the strong foundation they have created.
Growth Opportunities
- Extend operating hours beyond the current 7 PM kitchen close
- Open Sundays and Mondays to immediately increase revenue
- Expand catering and corporate lunch accounts
- Add additional delivery platforms such as Uber Eats
- Introduce loyalty programs, social media marketing, and paid advertising
- Explore beer and wine licensing opportunities
- Eliminate the current annual summer closure for additional revenue capture
Ideal Buyer Profile
This opportunity is ideal for an owner-operator, family business buyer, or restaurant group looking for a profitable, highly respected restaurant with deep community roots and substantial growth potential. The hard work of building the reputation, recipes, and loyal customer base has already been done — now a new owner can capitalize on the untapped upside and take the business to the next level.
For more information on this opportunity, including detailed financials and operational details, please submit a business inquiry.
About the Business
- Years in Operation
- 21
- Employees
- 7 non-owner staff + 2 owner-operators
- Facilities & Assets
- Recently remodeled and impeccably maintained restaurant with a full commercial kitchen, Clover POS system, dine-in seating, and established third-party delivery integrations.
- Market Outlook / Competition
- The business stands out through its authentic scratch-made recipes, loyal 21-year customer base, and reputation for consistently high-quality Greek cuisine.
- Opportunities for Growth
- Significant upside exists through extended operating hours, opening additional days, expanding catering, adding more delivery platforms, and increasing digital marketing efforts.
Real Estate
- Owned or Leased
- Leased
- Rent
- $4,500.00 per month
About the Sale
- Seller Motivation
- Owners retiring after 21 successful years to focus on family and travel.
- Transition Support
- The owners are committed to providing comprehensive training, including transferring proprietary recipes and operational knowledge to ensure a smooth transition.
Listing Info
- ID
- 2511654
- Listing Views
- 6
Listing ID: 2511654 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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