Well-Known Greek Restaurant Franchise – Strong Sales – Monterey, CA
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Absentee ownership, Seller financing available, Growth upside
Business Overview:
Well-established Nick the Greek Mediterranean fast-casual franchise available in Monterey, California. Opened in 2022, this location benefits from excellent foot traffic, strong vehicle counts, and high visibility in a prime retail corridor.The restaurant enjoys exceptional online reviews, including a 4.8 rating on Grubhub, and consistent customer demand. Current ownership is largely absentee, presenting a clear opportunity for an owner-operator or hands-on investor to increase profitability and operational efficiency. Seller financing is available with a solid down payment. Excellent online ratings and repeat customer base. DO NOT DISTURB THE EMPLOYESS.Principals Only!
Business Details:
-Year Established: 2022
-Square Footage: Approx. 1,800 SF | 16-foot Type I hood system (5.0 rating)
-Seating Capacity: 34 seats
-Employees: 8 (all part-time)
-Monthly Rent: $6,489
-Lease: Through 2026 with renewal option
-Hours: Sun–Thu: 11:00 AM – 9:00 PM | Fri–Sat: 11:00 AM – 10:00 PM
Key Highlights:
-Nationally recognized Greek Mediterranean franchise
-Fully built and equipped to franchise standards
-High-traffic, high-exposure Monterey location
-Complete kitchen, prep, refrigeration, and service equipment.
-Absentee ownership, immediate upside
-Seller financing is available with a strong down payment
-Seller will cover the franchise transfer fee
Revenue:
-2025 Gross Revenue: ~$960,000 ± | Franchise Royalty: 8%
-2024 Gross Revenue: $965,890 | 2023 Gross Revenue: $872,378
-Seller will pay the franchise transfer fee.
-Smooth transition with franchise systems already in place
-Strong, consistent sales despite absentee ownership. Significant upside through active management, local marketing, cost controls, and catering/delivery optimization.
The Seller has provided all the information in the offering memorandum, but Manjit Singh, the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate strongly recommends that you seek the assistance of legal and financial advisors to support you in this process.
Well-established Nick the Greek Mediterranean fast-casual franchise available in Monterey, California. Opened in 2022, this location benefits from excellent foot traffic, strong vehicle counts, and high visibility in a prime retail corridor.The restaurant enjoys exceptional online reviews, including a 4.8 rating on Grubhub, and consistent customer demand. Current ownership is largely absentee, presenting a clear opportunity for an owner-operator or hands-on investor to increase profitability and operational efficiency. Seller financing is available with a solid down payment. Excellent online ratings and repeat customer base. DO NOT DISTURB THE EMPLOYESS.Principals Only!
Business Details:
-Year Established: 2022
-Square Footage: Approx. 1,800 SF | 16-foot Type I hood system (5.0 rating)
-Seating Capacity: 34 seats
-Employees: 8 (all part-time)
-Monthly Rent: $6,489
-Lease: Through 2026 with renewal option
-Hours: Sun–Thu: 11:00 AM – 9:00 PM | Fri–Sat: 11:00 AM – 10:00 PM
Key Highlights:
-Nationally recognized Greek Mediterranean franchise
-Fully built and equipped to franchise standards
-High-traffic, high-exposure Monterey location
-Complete kitchen, prep, refrigeration, and service equipment.
-Absentee ownership, immediate upside
-Seller financing is available with a strong down payment
-Seller will cover the franchise transfer fee
Revenue:
-2025 Gross Revenue: ~$960,000 ± | Franchise Royalty: 8%
-2024 Gross Revenue: $965,890 | 2023 Gross Revenue: $872,378
-Seller will pay the franchise transfer fee.
-Smooth transition with franchise systems already in place
-Strong, consistent sales despite absentee ownership. Significant upside through active management, local marketing, cost controls, and catering/delivery optimization.
The Seller has provided all the information in the offering memorandum, but Manjit Singh, the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate strongly recommends that you seek the assistance of legal and financial advisors to support you in this process.
About the Business
- Years in Operation
- 4
- Employees
- 8 Part-time
- Franchise
- This business is an established Nick the Greek franchise
- Facilities & Assets
- All furniture and fixtures are included in the purchase price.
- Website
- https://www.nickthegreek.com/
- Market Outlook / Competition
- Well-differentiated brand with limited local competition.
- Opportunities for Growth
- Hands-on operators will perform exceptionally well at this location through tighter cost controls, operational efficiencies, and additional revenue streams, including catering and a Type 41 beer & wine license.
About the Sale
- Seller Motivation
- Time Management/ Commute
- Transition Support
- Franchise business. Franchisor provides full training as part of the franchise program.
- Financing Options
- Seller financing considered for qualified buyers only.
Listing Info
- ID
- 2457339
- Listing Views
- 134
Listing ID: 2457339 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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