Mediterranean Restaurant & Market

Asking Price$225,000

Cash Flow
$140,000

EBITDA$95,000

Gross Revenue$335,000

Inventory$12,000
Not included in asking price
FF&E$50,000
Included in asking price
Party Platters
Plates
Mezza Sampler
Dessert
Party Platters
Party Platters
Plates
Save1/5

Mediterranean Restaurant & Market


Asking Price$225,000

Cash Flow
$140,000

EBITDA$95,000

Gross Revenue$335,000

Inventory$12,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
Family-owned and operated since 1993, we bought this business in December 2021 and modified the menu with recipes from a professional chef specializing in Mediterranean Cuisine. The menu offers a variety of options with a simple kitchen workflow. Set up systems and processes to streamline the operations and train new buyers to take over effortlessly. We invested over $50,000 to replace most old equipment and supplies with new ones.
About the Business
Years in Operation
32
Employees
4
Facilities & Assets
Located in a Strip Center (Corner Location) on Main Street, it features a beautiful outdoor patio, spacious dine-in seating (60+), open kitchen operations, a large storage area, and a Small Mediterranean Market. Assets:2 Sandwich Units, 2 Two Doors Stand Cooler, 2 Two Sliding Doors Stand Refrigerators, 2 One Door Stand Refrigerators, 2 One Door Stand Freezers, 2 Chest Freezers, 1 Ice Maker, 1 Slicer, 2 Pizza Ovens (Double Deck), Dough Roller, 4 Microwaves, 1 Lemonade Mixer, 4 Food Prep Tables, 2 Stand Grill Machines, 1 Toaster (Double), 4 TV's
Market Outlook / Competition
There are a few competitors in the area, but our restaurant/Market rated 4.6 Stars & has a very loyal clientele base as it has been in the area for over 32 years & has a strong, growing demand for Mediterranean food.
Opportunities for Growth
The restaurant used to be open 6 days/week, but in March of 2023, we decided to close Sundays & Mondays & this affords a new buyer to gain additional revenue by opening 7 days a week & extending closing hours to 10 PM. Today, the business is poised and ready for a new owner to take it to the next level.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,800
Rent
$3,000.00 per month
Lease Expiration
12/31/2025
About the Sale
Seller Motivation
Retirement
Transition Support
We will train the buyer for 4 weeks (No cost). Seller is prepared to provide additional transitional support after the sale period (Compensation to be negotiated).
Listing Info
ID
2361487
Listing Views
953

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Business Listed by: Joe Hilal

Listing ID: 2361487 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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