A Delray Beach Mediterranean Oasis! For three decades, this family restaurant has been a culinary cornerstone, weaving success into its Mediterranean-style tapestry. Now, the opportunity awaits you to step into a fully staffed, well-equipped haven with a coveted 4COP SRX license and a welcoming seating capacity of 160. Discover the allure of its prime location, complete with ample parking and a secure, long-term lease. This establishment has become a beloved local hotspot, attracting a devoted clientele with a seasonal waitlist to prove it. Delivery sales contribute a solid 15%–18% to the revenue stream, adding a modern touch to the traditional charm. Renowned on Trip Advisor, Yelp, Grubhub, and Google, this gem has earned an outstanding reputation that echoes through the community. This business aligns with E1/E2 visa requirements, making it a golden opportunity for aspiring entrepreneurs. While we welcome all, we particularly encourage seasoned operators to explore this venture. For those ready to embark on this culinary journey, a hint of sweetness awaits—qualified purchasers may find a touch of short-term seller financing within reach. Elevate your gastronomic dreams with a restaurant that's not just a business but a cherished tradition.
- Asking Price:
- $425,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $718,913
- Cash Flow:
- $167,753
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 10,077 Square Footage: 3,000 Building Type: Restaurant
Terms & Options: 2 five year options 2037 Expiration Date: 5/31/2027
- Premises Details:
-
Lease/Month: 10,077 Square Footage: 3,000 Building Type: Restaurant
Terms & Options: 2 five year options 2037 Expiration Date: 5/31/2027
Business Operation
- Competition / Market:
-
Non Compete : Miles: 25 Years: 4
- Reasons for selling:
-
Retirement
- Trading hours:
-
Mon - Sat 11-9PM
- Employees:
- 18
- Years established:
- 28
Other Information
- Support & training:
-
4 weeks training at no cost
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Loan/Seller - Amt: 25,000 Mos: 24 Rate: 10.00 Mo Pmt: $1,153.62
- Furniture / Fixtures value:
- $225,000 - included in the asking price
- Inventory / Stock value:
- $15,000 - included in the asking price
