Last Revised: 9/13/19. Posting #: 246160
Key Words: mediterranean, ethnic, grill, sacramento, convert
Financial Info: Price: $80,000. Down: Call. Adjusted Net: $57,838. Annual Revenues: $237,475. Space: 1,300 sq. ft. Rent is $1.53 per sq. ft.
Profile: Profitable Mediterranean Grill style restaurant in a nice area. Has a simple menu, reasonable rent and a long history with many years of good will to tap into.
Restaurant benefits for its location in a major retail area of Sacramento.
The shopping center has other restaurants, entertainment and retail businesses that pull customers off of the high-volume street (32K+ ADT) it faces.
Is the go-to lunch stop for many workers from the offices and retail business in the surrounding area. It is also a nice choice for shoppers looking for a quick healthy dinner option. Menu features fresh salads, deli style sandwiches and Mediterranean classics like gyros and falafel keep them coming in every week, often more than once or twice for their biggest fans. Open 6 days per week for lunch and dinner hours. ABC Type 41 Beer & Wine license is included in the asking price.
The working owner has been very pleased with the long term success of his business but he is ready to pursue a career in a new field so the time has come to sell. This could continue as with the current Mediterranean concept or it could be considered for a cost-effective conversion to a new concept.
This is a Confidential Listing so please Do Not Disturb the business or employees during business hours.
Tours are by appointment only.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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