Two locations of a Mediterranean quick-serve concept for sale, both located in the East Bay. This is an opportunity to purchase an established business that has the potential to be scaled to additional locations. Current owners are absentee, and the operation runs smoothly, with an average of 4.5 stars on Yelp. The food is on-trend and healthy. These businesses come with SBA financing options - please inquire for more details. The company has put a lot of time and resources into its branding and marketing. They present their food in a distinctive manner, and use customized packaging. They have significant repeat business, and regularly engage with customers through their marketing campaigns and have roughly 18,000 customer email contacts. The company has training and procedure manuals to guide standard operating processes. The data on sales below is from the 2019 fiscal year. During 2020 the two stores were completely closed down for two months in addition to dealing with the other pandemic-related restrictions, and their sales were approximately 61% of 2019 sales. As of June 2021, the two stores are at 75% of 2019 revenue and are on track to meet or exceed 100% by the end of the year based on the current trend. More information regarding this chain is available upon request.

General Info

  • OrganizationCorporation
  • Established2013
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating75 & 8 Inside / 30 & 30 Outside
  • Square Feet3,320 & 816
  • ParkingParking Lot
  • LicensesBusiness and Health Permit
  • Open Hours11am - 8pm Daily

Lease

  • Rent$9,445 & $3,925
  • Expiration2024 & 2022
  • Yearly IncreaseContact for Info
  • OptionNegotiable
  • Deposit$10,835 & $5,000

Financials

  • Monthly Revenue$148,192
  • Monthly Cash FlowContact for Info
  • Annual Revenue$1,778,311
  • Annual Cash Flow$308,554
  • Payroll$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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