Restaurant for Sale is Profitable Greek Mediterranean Concept

Ideal restaurant for sale if you are looking for a well run, turn-key Greek Mediterranean restaurant located in a densely populated area!  Earnings of over $70,000!

Open in 2011 and operating for SIX YEARS, this Profitable Greek and Persian Restaurant for sale is ideal and ready for a new owner operator.  The business is located on a very busy road right in the middle of Gwinnett County near a major business industrial park as well as tons of residential subdivisions.  In the last two years alone sales have increased by 50% to over $337,000 plus additional income from catering.  TOTAL OWNER BENEFIT EXCEEDED $70,000 IN 2016 and there is still plenty of upside potential by expanding the catering business and opening on Sundays.  

Online reviews are terrific for this established and profitable restaurant for sale offered by the restaurant brokers!  With scores of 4.0 or better on YELP, Google, and Trip Advisor customers rave about the Service, Kabobs, Soups, and Gyros.  Because of the surrounding businesses, lunch is a money maker and this restaurant makes it easy by serving one of the best Persian and Greek Buffets in town.

This restaurant for sale is a very easy to manage 1500 square feet with seating for 46.  There is a great bar that serves beer and wine and even outdoor seating for an additional 12.  The kitchen is fully equipped and more than adequate to handle the current business plus plenty more.  Rent is only $3650 per month all in and the lease has 4 years left plus a 5 year option.  Annual increases for this extremely desirable area are just 3%

To learn more about this restaurant for sale including the name, address, and financials, be sure to click on the "request additional information" or "request name and address" links, sign the on line confidentiality agreement, and contact Steve Weinbaum at We Sell Restaurants.
 
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Listing

  • Listing#: 5550
  • Price: $149,000
Lease Term: 4 years remaining + 5 year extension
Monthly Rent: $3,650
Indoor Seating: 46
Inside Sq. Ft: 1500
Hood System: Yes
Neighboring Businesses: Large Shopping Plaza...other restaurants, retail and service businesses
Hours Open: Mon - Thurs : 11 AM - 9:30 PM Friday : 11 AM - 10 PM Saturday : 11 AM - 10 PM Sunday: Closed​
# of Part-Time Employees: 5
# of Full-Time Employees: 0
Net Sales: $337,480
Owner Benefit: $66,542

Features

  • Open over 5 Years
  • Sales UP 50% over the last 24 months
  • Located on high traffic road in Gwinnett Count GA
  • Great lease for the area - 9 years remaining
  • Highly Profitable
  • Beer and Wine
  • Tons of Catering upside sales