This Mediterranean restaurant, established in 1994, is very popular. The owner is moving its location to a building he owns. So, anyone who comes in needs to change the concept/name. 2,600 square feet in a shopping center with a major supermarket, Coffee Bean and other brand name anchors. Sale includes turn-key operation and attractive lease. Equipment includes 12' hood, walk-in freezer, walk-in refrigerator, stoves, security system, etc.

General Info

  • OrganizationCorporation
  • Established1994
  • Current Owner1994
  • Employees8FT 12PT
  • Reason For SaleOther Interests

Facilities

  • Seating66
  • Square Feet2600
  • ParkingPublic lot
  • LicensesHealth permit
  • Open HoursMon - Sun 11 a.m. - 8 p.m.

Lease

  • Rent$13,500 + triple net
  • ExpirationOct 2021
  • Yearly IncreaseContact For Info
  • Option5 year option
  • DepositContact For Info

Financials

  • Monthly Revenue$109,000
  • Monthly Cash Flow$22,000
  • Annual Revenue$1,300,000
  • Annual Cash Flow$260,000
  • Payroll$Contact 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.

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