Property Details

DESCRIPTION:

• Currently operating as a grill and café with a Mediterranean style  Menu
• Located off a very busy main highway.  Has a very loyal clientele.
• Newly build-out with all equipment and fixtures less than 2 years old
• Located in a strip mall setting with plenty of parking in the front and back
• Cafeteria set up for serving lunch and dinner
• 2800 sq feet with seating for  50-60 people
• Catering services are offered, with an extensive menu.
• Hours of business are Sun thru Thursday 11am to 8pm, Friday 11am to 3pm, and closed Saturdays.
• Operating since 9/1/2014

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

• All FFE valued at $54,000. 

LEASE ARRANGEMENTS:

• Current lease is $2,550 a month gross, and includes water
• Lease runs thru 9/30/19 with options

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                               2017                     2016 for 9 months

Sales:                          $251.860                $249,996

PRICE/FINANCING:

• The asking price is $100,000.
• Financing is available to a qualified buyer with one-half down.

COMMENTS:

• Currently operating as specialized Mediterranean Restaurant; however, it does not have to stay that way
• There is a very good lease structure.
• It is the only approved Restaurant with an Ansul System Hood in the area.

The current owners are ready to retire after many years in the business