Milos Greek Food, the 1450 square feet restaurant, with a great location in a busy corner in a shopping center with lots of parking. Good visibility from the main road, walking distance from Mercedes and Porsche car dealerships. The business has been in operation in the current location since 2009, survived and did well doing the testing times of the pandemic years. The restaurant has a well-designed, functional open kitchen, easy to operate with minimal staff. Inside seats 26, and there 8 seats curbside, bistro style. The open fully equipped kitchen is designed to maintain and output a large volume of service. A 12-foot, type 1 hood with fire suppression system, flat top grill, commercial Bakers Pride oven, double basket deep fryer, 2 refrigerated sandwich prep stations, 20-quart Hobart mixer, large walk-in refrigerator, ice machine, ice cream freezer several stainless prep tables and shelving The restaurant comes with the name and concept with the current menu that is well tested over several decades in 2 different Cities. Please complete the 'Non-Disclosure Agreement' on our website and we will send you the historic financial information, current lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationLLC
  • Established2009
  • Current Owner2009
  • Employees1
  • Reason For SaleRetirement

Facilities

  • Seating26 inside 8 outside
  • Square Feet1,450
  • ParkingShopping Center parking
  • LicensesHealth Permit, Local Business Permit
  • Open HoursMonday to Saturday 10AM to 7:30PM Sunday 10AM to 6PM

Lease

  • Rent$3,248
  • Expiration2025
  • Yearly Increase3%
  • Option5 years
  • Deposit$2,320

Financials

  • Monthly Revenue$25,923
  • Monthly Cash Flow$7,839.00
  • Annual Revenue$311,080
  • Annual Cash Flow$94,070
  • Payroll$2,211.00

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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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