This fabulous family owned & operated Greek restaurant is a neighborhood staple and continues to grow! Serving South Florida for 25 years in the same location and original owners with the best in classic and modern Greek cuisine, this business is truly prime for new owners to take it into its next era. This establishment is the definition of family legacy, preparing authentic recipes daily from scratch and fresh ingredients, passed down from 30 years of tradition. Situated in an extremely high traffic location and conveniently located off major highways with fantastic visibility, the restaurant is surrounded by businesses and residential communities in an area that continues to expand, allowing it to experience year over year growth. They have established relationships with suppliers, and long-standing, loyal patronage and staff that have truly lasted generation after generation. Don't miss this fantastic opportunity; perfect for existing Greek restauranteurs looking to expand into the area! Inquire TODAY!
- Asking Price:
- $750,000 Inventory / Stock included
- Sales Revenue:
- $849,207
- Cash Flow:
- $250,000
Property Information
- Real Estate:
-
Lease
- Location:
-
The business leases its 3,000 sq. ft. space with affordable and flexible terms. The premises were completely remodeled and renovated in 2017 to include updated kitchen wrapped in stainless steel. The location also offers attractive indoor/outdoor bar and seating areas and also has a private room for special events and theme nights creating memorable dining experiences for its loyal customers.
- Premises Details:
-
The business leases its 3,000 sq. ft. space with affordable and flexible terms. The premises were completely remodeled and renovated in 2017 to include updated kitchen wrapped in stainless steel. The location also offers attractive indoor/outdoor bar and seating areas and also has a private room for special events and theme nights creating memorable dining experiences for its loyal customers.
Business Operation
- Expansion Potential:
-
This business has an excellent, long-standing reputation as the best-of-the-best in Greek cuisine. They have a solid digital and social presence with a bright, beautiful website, plus fantastic Google reviews from devoted customers - tools that marketing savvy new owners can build upon.
- Competition / Market:
-
This restaurant DOMINATES the competition with an established reputation for customer excellence for 25 years in the same location. They are truly the FIRST and the LAST Greek restaurant in the area, making competition virtually non-existent!
- Reasons for selling:
-
Pursue other opportunities.
- Employees:
- 20
- Years established:
- 1998
Other Information
- Support & training:
-
Committed to a smooth transition to new owners. Support and training will be negotiated within the offer.
- Financing available:
-
SBA approved
- Furniture / Fixtures value:
- $200,000
- Inventory / Stock value:
- $15,000 - included in the asking price
