Mediterranean Restaurant-Beer & Wine

Asking Price$269,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$800,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Mediterranean Restaurant-Beer & Wine


Asking Price$269,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$800,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Nestled in the thriving city of Chino Hills, California, is an exceptional Mediterranean restaurant that has carved out a niche in the Food & Beverage Manufacturing sector. This highly-rated establishment is a family-run business that has been successful across multiple locations, reflecting its robust business model and delectable menu. Here, patrons are treated to an impressive array of Middle Eastern and Mediterranean cuisine, all of superb quality, complemented by a beer and wine offering.
This particular location, which has been operational for 4 years, boasts a cozy space of approximately 1700 square feet with a seating capacity for 50 people. The restaurant is open seven days a week, demonstrating its commitment to customer service.
The business has enjoyed robust revenue of $800,000 and a cash flow of $180,000, making it an appealing prospect for any potential buyer. With an asking price below market value, this represents a rare opportunity to acquire a profitable business in a prime location. The Brand/name does not come with the sale price. The business is also relocatable, offering flexibility for expansion or relocation based on the buyer's preferences. The current lease terms, which include a 5-year contract with an option to renew, provide stability for the new owner. To ensure a smooth transition, the seller offers training and orientation during escrow. This reflects their commitment to the ongoing success of the business.
The owner is retiring, making this the perfect opportunity for an entrepreneurial-minded individual or a seasoned restaurateur to step in and carry on the legacy of the owner. The Brand/name does not come with the sale price.
About the Business
Years in Operation
4
Currently Relocatable
Yes
Market Outlook / Competition
This unique Thor restaurant has almost no competition
Opportunities for Growth
Catering
About the Sale
Seller Motivation
Retiring
Transition Support
Training during escrow
Listing Info
ID
2415896
Listing Views

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Business Listed by: Vartan Kebabjian SPK Realty

Listing ID: 2415896 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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