Greek Restaurant For Sale
www.GlobalBX.com
Listing ID:
700288015
Listing Title:
Greek Restaurant For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=288015
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Georgia
Area
City:
Dunwoody
Asking Price Range:
< $250K
Gross Revenues:
$390,225
Cash Flow:
$74,808
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2011
Number of Employees:
4 - 5
Business Description:
This highly successful and profitable restaurant for sale offered by the Restaurant Brokers checks all the boxes. The site has great parking, easy access, approximately 2,000 square feet, seats 50 inside and another 30 on the beautiful fenced in patio. The total rent is only $1,650 per month - that's only $10 per square foot. The lease has another 10 years on it with periodic modest increases. The books and records are great showing strong positive cash flow. This restaurant for sale has a reputation and following that are nothing short of fantastic. Everywhere you look - Yelp, Facebook, TripAdvisor - the reviews and ratings are wonderful. Over the last seven years the owner has built a strong following in the community.
The restaurant for sale is well staffed with cooks and cashiers allowing the owner to focus on oversight, food quality, and customer service. This would be the ideal situation for a new owner operator or potential investment. The good books and records combined with positive cash flow and seven years of operation make this restaurant an ideal candidate for SBA Lending and/or E2 Visa qualification. Owner would consider a small percentage of seller financing.
Sales at this restaurant for sale with a Greek concept have steadily grown every year. 2016 - 2017 sales are averaging around $35,000 and generating well over $6,000 per month in owner earnings on paper. The best part - the operating days are only Monday through Friday - no weekends! A new owner operator could add weekend hours as well as catering and special events on the patio for even more income! For more information contact Steve Weinbaum at We Sell Restaurants at 770-714-4552.
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