Sunday, May 20, 2012

Money Making Greek Restaurant
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Central Palm Beach County - Florida, Palm Beach

Seller Financing: Yes
Lender Pre-Qualified: No
Listing ID: 73645
Office ID:
Status:

Listing Details

Listed Price: $200,000
Down Payment: $200,000
Total Sales: $758,590
SDE: $125,000
EBIT:
EBITDA:
FFE: $25,000 Included? Yes
Real Estate: Included? No
Inventory: $10,000 Included? Yes
A/R: Included? No
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Contact Information
Peter Picciano
Office:
Cell: (561) 707-7839
Fax:
Email: Peter@Premierbusinessbrokers.com
Send Email To Agent
Reason for Sale: Other Business Interests
Training: 2 weeks at no cost to buyer
Financing Terms: $150,000 at 6% for 60 months

Operations

Year Established: 2009
Last Acquired:
Form of Ownership:
Home Based: No
Relocatable: No
Type of Location: Strip Center
Absentee Owner: No
Online:
Employees: Full Time: 1 / Part Time: 18
Managers:
Hours: M Thru Thurs 11am to 10 pm F&S 11am to 11pm
Owner Hours: 50
Non-Owner Payroll: $206,497
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage: 2040
Facilities:

Summary

Business Description: One of the best Greek restaurants in Palm Beach County. Great location in a major upscale strip center in central Palm Beach County with major national tenants such as Costco, Outback, Starbucks and many more. 152 seat beautiful restaurant.. New owner could open for breakfast. Owner just oversees the operation. Great books all numbers shown are on the tax return. Real Money Maker!!!

Historical Summary:
Owner Qualifications: Restaurant experience would be helpful
Competition:
Potential Growth:
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