Highly Rated Greek Restaurant

Asking Price$550,000

Cash Flow
$254,267

EBITDA$171,763

Gross Revenue$760,024

Inventory$2,376
Included in asking price
FF&E$129,250
Included in asking price
listing imageSave

Highly Rated Greek Restaurant


Asking Price$550,000

Cash Flow
$254,267

EBITDA$171,763

Gross Revenue$760,024

Inventory$2,376
Included in asking price
FF&E$129,250
Included in asking price
Business Description
Popular Greek Restaurant – Prime Location – Turnkey Opportunity

A well-established and highly rated Greek restaurant located in a high-traffic area of Pittsburgh is now available for sale. Known for its loyal customer base, delicious menu offerings, and strong brand presence, this turnkey operation offers a fantastic opportunity for an owner-operator, investor or a current restaurant owner looking for another profitable location. This restaurant has been at the same location for 2 decades! Renovated facilities offer ample parking and a friendly and family style atmosphere. This restaurant has over a thousand online reviews and has a strong social media following.

Highlights:
Consistent year-over-year sales with strong cash flow.
Very favorable lease terms in a desirable neighborhood.
Fully equipped kitchen and recently updated dining area.
Dine-in, takeout, and delivery services are in place.
Experienced staff willing to stay on.
Stellar online reviews and social media presence.

Ideal for someone looking to step into a successful, fully operational restaurant business with growth potential.

NDA and proof of funds required.
About the Business
Years in Operation
20
Number of Employees
8
Facilities & Assets
The building is owned by the seller and houses the eat-in restaurant and another tenant. Recently renovated, the premises are exceptionally nice, modern, and very clean. Ample parking surrounds the building, which is located off a busy state highway. The seller will sign a 5-year lease for $5,000/mo with the option to purchase or renew the lease at the end of the term.
Market Outlook / Competition
Light competition in immediate area due to specialty food type. This location has been thriving for 2 decades with steady cashflow and repeat patronage.
Opportunities for Growth
Buyer will have a unique opportunity to take this loved and highly profitable restaurant to the next level with a targeted growth strategy. Apply for a liquor license. Open Sunday and Monday, and hire additional staff. Increase advertising, only $4,000 spent in 2024. Add additional delivery services such as Grubhub or Uber Eats. Increase net earnings by bringing subcontracted services in-house.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement
Transition Support
30 days. Additional time is negotiable.
Listing Info
ID
2357745
Listing Views
565

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Shawn Sutton Peterson Acquisition

Listing ID: 2357745 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
Popular Oakland Bar in a Prime Location
$695,000Popular Oakland Bar in a Prime LocationAllegheny County, PA
Pokemoto
$100,000PokemotoFeatured Franchise
Pure Green Franchise
$100,000Pure Green FranchiseFeatured Franchise
Established Sports Bar & Restaurant
$629,000Established Sports Bar & RestaurantAllegheny County, PA
SUPER PRIME Oakland Bar & Restaurant
$975,000SUPER PRIME Oakland Bar & RestaurantAllegheny County, PA
Slice House
$250,000Slice HouseFeatured Franchise
gorgeous grill w Real estate
$900,000gorgeous grill w Real estateAllegheny County, PA
Luxury Vodka Brand For Sale By Agency
$550,000Luxury Vodka Brand For Sale By AgencyAllegheny County, PA
Sloan's Ice Cream
$180,000Sloan's Ice CreamFeatured Franchise
Popular Oakland Bar in a Prime Location
$695,000Popular Oakland Bar in a Prime LocationAllegheny County, PA
Pokemoto
$100,000PokemotoFeatured Franchise
Pure Green Franchise
$100,000Pure Green FranchiseFeatured Franchise