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Restaurant

  • Status: Available
  • Price: $549,999

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  • Listing No: 6293
  • Status: Available
  • Area: 1500
  • Price: $549,999

Description

Popular Mediterranean restaurant in a prime location. Has been in business for 13 years. Fully equipped restaurant and has combined next door location for more room. One of the only Mediterranean restaurants in town. Located right on the city’s main street where farmers market, yearly hot rod show and Christmas parade are put right in front of. Rent is $1,900 for 1,500 sq.ft. New lease available upon landlord approval. Location offers an Amazing atmosphere to their clients. Gross Sales are about $25,K/ month (Sellers expect sales increase due to he does not open on Sundays and Mondays and is only open for 7 hours a day due to seller is getting ready to retire).#6293

Business Information

Ownership Type: Sole Proprietorship
Year Established: 2008
Year Purchased: 2008
Business Type: Business, Heath, ABC
License(s) Required:
Hours of Operation: 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6293
Date Available: 05/22/2020
Reason For Sale: Retiring

Financial Information

Annual Total:
$300,000
Revenue:
Annual Net Income:
Inventory:
7000
Monthly Payroll:
$4,000

Lease Information

Base Rent:
1900/m
Lease Expires:
2033
Lease Option:
NNN:

Financing Information

Down Payment:
$549,999
Owner Will Carry:
Other Finance:
Terms:

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