Established as a flagship location for a growing regional restaurant concept. The business has been impacted by the challenges of remote ownership. The seller has invested substantially in the build out, including high-end leasehold improvements, FF&E, a state-of-the-art kitchen, and a premium high-capacity drive-thru. The established American-Mediterranean concept features popular chicken dishes, burgers, salads, and strong customer reviews. The turnkey operation offers an attractive opportunity for an owner-operator or experienced restaurant group, with additional upside through focused marketing, delivery, catering, and hands-on management. The seller will provide transition support to facilitate a seamless acquisition and qualify all buyers. Should a prospective buyer or restaurant group seek to acquire and scale the concept through a franchise model, the current owner is open to flexible deal structures, including strategic partnership opportunities. Location details and financial information are available only to buyers qualified by seller who will execute an NDA and provide Proof of Funds.
- Asking Price:
- $665,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $900,000
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This is a leased location of 3,500 square feet with a Total monthly rent of $17,200. Lease ends 05/2036 with three, five-year options. Hours of operation are Monday - Saturday, 10:30 A.M. - 8:00 P.M. with 6 FT and 4 PT employees. $10,000 in inventory and $500,000 in FF&E included in the asking price. $700,000 made in leasehold improvements. Other Assets include Cameras and sign $35,000. Business and health license required.
Business Operation
- Management type:
- This business has absentee ownership.
- Reasons for selling:
-
Moving out of state.
- Employees:
- 6 FT & 4 PT
- Years established:
- Seven
Other Information
- Support & training:
-
Three weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
18 months @ 6% with $500,000 down payment.
- Furniture / Fixtures value:
- $500,000 - included in the asking price
- Inventory / Stock value:
- $10,000 - included in the asking price
