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Business for Sale Summary

Italian & Mediterranean Restaurant - 34422

Business Type: catering and event planning,restaurant/ cafes/ diners,seller financing available,pizza parlour
Owner Financing
Italian & Mediterranean Restaurant
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This business has received 20 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $160,000
Gross Revenues $832,000 Lease Remaining Register Free to View
Owner’s Cash Flow $225,000 Number of FT Employees Register Free to View

Financing

$160,000 Down and 60 months /4% with good credit and experience

Business Description

For the past 15 years this well known, and very busy, family owned Middle Eastern and Italian take out restaurant has established a 4.6 google rating! Make back your investment in a year! They have incorporated traditional Italian and Mediterranean recipes handed down through generations! They make their own dough and char grill the meats and vegetables. Enjoy a Greek style pizza or sub and a Mediterranean wrap or kabob! In order to keep the meat and chicken moist they use an infra red grill. With such a good reputation they sell over 440 lbs of chicken per week, and 200 lbs of beef! Almost everything is fresh and made in house! Located on the MA /NH border on a well traveled road in a strip mall that is currently being updated. Currently they close at 8 and only do take out, no delivery and closed on Sunday. The dining area is licensed for 32. As you can see there is a lot of potential for growth! The husband and wife owners want to see a new buyer succeed and will work with you through the transition. They live nearby and and expressed they would be willing to help out if you got stuck! The three full time employees, are in addition to the husband and wife, are cooks and want to stay on. This is a great opportunity to own such a reputable and busy restaurant. Make back your investment in a year! New long term lease in place. Don't miss out...Stop by for something to eat and then make plans to meet the owners! Make an offer today!

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.