Mediterranean casual fast food restaurant, opened in 2011. 1800 sq. ft. with 55 seats. Extremely busy intersection and shopping center. Open 11:00 am-8:00 pm Mon-Sat. closed Sundays. Some catering sales. Serving, kabobs, salads, sandwiches etc. Owner will train. ADA bathroom and office. Monthly expenses total $23,000 and includes: rent, water, gas, electric, phone and payroll. Buyer can possibly add Beer and Wine with addition another bathroom, there is space available. Some equipment includes: 12 ft. hood with sprinklers, POS system (Touch Bistro), beverage cooler, ice machine, double Baker's Pride Oven, 6 burner stove, Royal 3ft. grill, double fryer, single door freezer, 6ft refrigerated prep station, 6 ft steam table, 3 compartment sink, hand sink, vegetable sink, warming drawers, salamander, dough roller, buffalo chopper, walk in refrigerator. Family run but all family members are paid.

General Info

  • OrganizationCorporation
  • Established2011
  • Current Owner2011
  • Employees5
  • Reason For SaleOther Interests

Facilities

  • Seating55
  • Square Feet1800
  • ParkingLarge lot
  • LicensesContact For Info
  • Open HoursMon-Sat 11am-8pm

Lease

  • Rent$7921 all included, $6500 rent
  • ExpirationJune 2017 plus 5 year option
  • Yearly Increase3% each June
  • OptionYes, 1 five year option, possibly 2
  • DepositContact For Info

Financials

  • Monthly Revenue$36,000
  • Monthly Cash Flow$4,200
  • Annual Revenue$432,000
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location