Well Known Greek Restaurant Business For Sale

www.GlobalBX.com

Listing ID: 700360577

Listing Title: Well Known Greek Restaurant Business For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=360577

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: South Carolina

Area

City:

Asking Price Range: < $250K

Gross Revenues: $750,000

Cash Flow: $175,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2020

Number of Employees: 6 - 9

Business Description:
Price Lowered on Well Known Greek Restaurant Business For Sale Price change due to Family Health Issues causing early Retirement... Sales for 2021 are up 52% over 2019 and 2020. New 5 Year Lease approved for new owner at only $2500 monthly through Sept 2026. This equals an incredibly low 4% of gross sales for the last few years. Incredibly Profitable Business for owner operator that especially could continue in the same format and menu. Great Visibility on The Bypass In A Well Established Area of Myrtle Beach.. This is a well run Restaurant with great Greek homemade food. This is very popular with the locals as well as the tourist every season. The food is to die for and so divine. It also has some specialty items that are sold to take home. In 2020 this business still had considerable increases in sales despite being closed two months due to Covid. Delivery could be added to increase sales even more. New 5 year lease approved for qualified owner by landlord through Sept 2026 at only $2500 per month.



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