9 yrs est. Middle East Restaurant, Great Growth Pattern, Retiring

Asking Price$158,000

Cash Flow
$97,230
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$277,000

Inventory$2,800
Not included in asking price
FF&E$31,100
Included in asking price
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9 yrs est. Middle East Restaurant, Great Growth Pattern, Retiring


Asking Price$158,000

Cash Flow
$97,230
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$277,000

Inventory$2,800
Not included in asking price
FF&E$31,100
Included in asking price

Seller Financing Available
Business Description
YOU CAN ALMOST DOUBLE THE REVENUE IN YOUR FIRST YEAR, READ HOW IN THE FUTURE "GROWTH AND EXPANSION" SECTION BELOW.
In the bustling heart of our community lies a hidden treasure - a Middle Eastern pita sandwich restaurant that has flourished, defying all expectations. This culinary gem has experienced an astounding 50% growth over the past three years, all while operating just 35 hours a week. Imagine the possibilities when you become a part of this flourishing success story.

With an impressive SDE (Seller's Discretionary Earnings) approaching $100k, this restaurant is a testament to the captivating allure of Middle Eastern cuisine. Its authentic flavors have won the hearts and taste buds of loyal patrons, and there is a vast untapped potential awaiting those who dare to dream big.

But that's not all; the road to success is paved with even greater potential. By extending operating hours, you have the power to unleash this eatery's full potential, propelling it to greater heights. The stars are aligned for you to transform it into a multi-unit turnkey operation, offering an enticing franchise opportunity.

Nestled within a busy plaza, the restaurant enjoys a prime location that attracts a diverse and steady stream of customers. The foundation has been laid for your culinary dreams to thrive.

So, seize this opportunity to connect with the rich tapestry of Middle Eastern flavors and culture. Let your entrepreneurial spirit shine, as you unearth the hidden gem and elevate it to its true potential. Together, we'll shape a future of culinary excellence and create an experience that resonates with the hearts and palates of our community.

Unlock the Middle Eastern Gem today, and embark on an exciting journey that is nothing short of extraordinary.
About the Business
Years in Operation
12
Employees
3
Facilities & Assets
Lease Terms Options: Available for 5 to 10 years
Market Outlook / Competition
Very low competition and there is no Pita store in the plaza
Opportunities for Growth
This store is open 35 hours a week only and doing 277k gross. If you open everyday till 9pm (3 more hours every working day=15 hours) and open Saturdays and Sunday 8 hours a day (16 hours), that equals to 31 hours a week. THAT MEANS YOU CAN DOUBLE THE YOUR REVENUE WITHOUT ROCKING THE BOAT. Call me and I will give you the growth numbers
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
Not Disclosed
About the Sale
Seller Motivation
personal/Retiring
Transition Support
Number of Weeks Seller Will Offer Training: 2
Listing Info
ID
2152715
Listing Views
5662

Contact Seller

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Business Listed by: Vikas Kukreja Transworld Business Advisors of Ann Arbor-Farmington Hills

Listing ID: 2152715 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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