Mediterranean Grill Restaurant For Sale
Location:
United States
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California
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Oak Park
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Reason For Sale: Owner Moving Back To India To Care For His Father Who Is Terminally Ill.
Sq Ft: 600 Sq Ft Inside 600 Foot Outside Seating - Equates To Low Rent For A Affluent Community Location ($2,300 Including Cam!)
Potential For Additional $180,000 All Cash Business From Hookah Pipes In The Evening. Also Potential For Additional Income From Catering To More Salons (Current Owner Only Caters To 3 Salons In 1 Mile Radius. Great Delivery Potential To Local Businessess! Over 30 Salons Exist In 5-9 Mile Radius. Not To Mention Catering To Pharmaceutical Reps From Merck And Amgen). Also Great Potential For A Fair Priced Family Breakfast Place Because None Exists In Area And Customers Are Clamoring For It.
The Location Is Safe And Clean And Surrounded By Shopping Plazas That Have A Vons, Beauty Salons, Dentists And Real Estate Offices. There Is Ample Seating Space With Additional Patio Seating. This Business Is A Perfect Opportunity For Someone Who Wants A To Acquire A Top-Notch Facility With A Low Initial Investment. Owner Made Sure To Get A Good Lease (10 Years So You Can Take Advantage Of The Upcoming Growth In The Area: Mariott Opening 3 Miles From Restaurant, Dole Food Setting Up Hughe World Class Health Facility As Well!)
Please Do Not Contact The Employees. This Great Opportunity Will Certainly Not Last Long - Due To The Detoriating Health Of Owner's Father, Owner Needs To Leave For India As Soon A Formalities Are Completed. Time Is Of The Essence Act Quickly!
Year Established: 1998.
Employees: 4(P).
Facilities: Upgrades Including Stainless Steel Throughout, And Equipment, And Furniture.
Contact for more information on this Mediterranean Grill Restaurant business for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$300,000
Cash Flow:
$100,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $200,000
Seller Financing: No
About The Business
Year Established: 1998
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
About The Sale
Reason For Selling: Leaving for India to care of terminally ill father
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70032614
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