Mediterranean Restaurant with 16' Foot Hood
Fantastic opportunity to acquire an authentic Mediterranean restaurant situated in a busy, high-traffic shopping center. This well-established eatery specializes in traditional Mediterranean cuisine and continues to grow in popularity. The space is fully outfitted with a 16-foot Type-1 hood, a brand-new 10x6 walk-in freezer, a grease trap, a welcoming dining area, and a complete commercial kitchen setup. The restaurant occupies 1,363 square feet with a current monthly rent of $4,614. After two years of operation, the current non-experienced partners feel the business would greatly benefit from an experienced operator, particularly someone with strong skills in social media marketing and catering services, to take it to the next level. The sellers are prepared to provide qualified buyers with complete financial records, including POS reports. They’re also willing to offer training, share their recipes, and support a smooth ownership transition. The restaurant currently enjoys a solid 4.3- star rating on Google.
This is a leased location of 1,363 square feet with a Total monthly rent of $4,614. Lease ends 07/2030. Seller is active with 2 FT and 1 PT employees. Hours of operation are 11AM to 9PM Mon. to Sun. $3,000 in inventory and $75,000 in FF&E included in the asking price. $35,000 made in leasehold improvements. Other Assets include Sign and cameras $5,000. Business and Health license required.
Financials (USD)
Asking Price $59,000
Cash Flow $50,000
Sales $300,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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