Sarasota’s Premier Family-Owned Mediterranean Restaurant

Asking Price$450,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$604,831

Inventory$3,000
Included in asking price
FF&E$75,000
Included in asking price
NOT ACTUAL PHOTOSave

Sarasota’s Premier Family-Owned Mediterranean Restaurant


Asking Price$450,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$604,831

Inventory$3,000
Included in asking price
FF&E$75,000
Included in asking price

Seller Financing Available
Business Description
FINANCIALS ARE FROM THE TAX RETURNS HOWEVER SELLERS WILL DISCUSS FURTHER IN PERSON WITH SERIOUS BUYERS ONLY

Take advantage of this RARE OPPORTUNITY to acquire a HIGHL REGARDED, family-owned Mediterranean restaurant that has earned a LOYAL following by serving authentic, made-from-scratch cuisine along with beer and wine in a warm and welcoming atmosphere. Currently operated by three family members, this business is perfectly suited for another family seeking a PROFITABLE, hands-on operation with a strong reputation and deep community ties. The Owners are the cooks. Perfect for somone that loves the kitchen.

BEAUTIFULLY REMODELED in 2023 OF OVER A HALF A MILLION DOLLARS, the restaurant offers approximately 120 seats in a casual yet inviting dining environment where guests enjoy traditional specialties prepared from family recipes using fresh, quality ingredients. The operation has become known for its authentic cuisine, friendly service, and comfortable atmosphere that keeps customers coming back.

The business currently operates six days per week, creating immediate opportunities for revenue growth. A new owner could expand operations by opening a seventh day, adding a full liquor license, increasing catering sales, enhancing online marketing efforts, and pursuing additional community and corporate catering accounts. The FOUNDATION is already in place with an attractive buildout, established customer base, proven menu, and streamlined operations.

Whether you’re an experienced restaurateur looking to expand your portfolio or a family searching for a restaurant you can proudly operate together, this turnkey restaurant offers the perfect combination of authenticity, reputation, location, and untapped growth potential. Opportunities of this caliber, with a recent remodel and strong community presence, rarely become available.

Business Highlights

-Family-owned and operated
-Authentic Mediterranean cuisine
-Beautiful 2023 remodel
-Approximately 120 seats
-Established loyal customer base
-Open six days per week
-Family operated
-Strong catering potential
-Opportunity to add full liquor service
-Turnkey operation with proven systems
-Ideal for owner-operator or family ownership
-Rent $5300 and includes garbage and water
About the Business
Years in Operation
3
Employees
4 Full-time
2 OWNERS, 3 SERVERS, SON (MANAGER)
Facilities & Assets
BEAUTIFUL $500,000 BUILDOUT
Market Outlook / Competition
BEST IN THE AREA
Opportunities for Growth
ADD 7TH DAY AND ADD FULL LIQUOR
PUSH CATERING
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$5,300.00 per month
Lease Expiration
2/28/2035
About the Sale
Seller Motivation
RELOCATING
Transition Support
2 WEEKS AT NO COST TO BUYER
Financing Options
POSSIBLY TO A QUALIFIED BUYER WITH 75% DOWN
Listing Info
ID
2516157
Listing Views
44

Contact Seller

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Business Listed by: George Antonaklas LLC Realtec Business Brokers

Listing ID: 2516157 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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