Sunday, May 20, 2012

Greek/Mediterranean Restaurant In Prime Location
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Central Palm Beach County - Florida, Palm Beach

Seller Financing: Yes
Lender Pre-Qualified: No
Listing ID: 75045
Office ID:
Status:

Listing Details

Listed Price: $120,000
Down Payment: $60,000
Total Sales: $650,000
SDE: $105,000
EBIT:
EBITDA:
FFE: Included?
Real Estate: Included?
Inventory: $30,000 Included? No
A/R: Included?
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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: Divorce
Training: 3 weeks at no cost to buyer
Financing Terms: $60,000 at 6% for 60 months

Operations

Year Established: 2010
Last Acquired:
Form of Ownership:
Home Based: No
Relocatable: No
Type of Location: Strip Center
Absentee Owner: No
Online: No
Employees: Full Time: 10 / Part Time: 5
Managers:
Hours: 3-9pm 7 Day's
Owner Hours: 50
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage: 3100
Facilities:

Summary

Business Description: This established profitable Casual Dining Restaurant is located in a busy Publix strip center in central Palm Beach county. Serving dinner only!!! The menu features a large selection of Greek and Mediterranean cuisine. Beer and Wine License in place.Loyal customer base.Beautiful build out with 114 seats. Buyer can change the style and concept if desired.Owner does no specific job,he just overseas the operation . Great cash Business!!!
Historical Summary:
Owner Qualifications: Restaurant and management experience helpfull.
Competition:
Potential Growth: Open for lunch111
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