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Mediterranean Restaurant for Sale in Boca Raton - Nets $73,859 to Owner

Buy this twenty year old Restaurant for Sale in Boca Raton that has consistently provided a steady income to the owner. This Mediterranean restaurant has a great location in downtown Boca Raton, Florida!

The Restaurant for Sale offered by the Restaurant Brokers is only opened six days per week. Closed on Sunday, to insure that the owners and staff have a great quality of life, sales have steadily increased. The tax returns of this restaurant show $73,85 in owners benefits in 2021. The seller will discuss all financial aspects of the business in a one on one meeting scheduled by the Restaurant Brokers. You will not be disappointed.
 
Location, Location, Location! This Restaurant for Sale in Downtown Boca Raton is the place to be and is in the middle of the action! Open for 20 years and operated by the same husband and wife team for the last thirteen years, this Mediterranean Restaurant for Sale has a great location and lease. Situated in downtown Boca Raton, the three mile radius of this successful Restaurant for Sale has more than 65,000 residents with an average household income in excess of $93,000. The same three mile radius has more than 92,000 daytime employees. The 927 square foot restaurant seats 28 guests inside and another 4 guests on the two outdoor tables. The rent includes water and trash and is a very reasonable $4,042 per month with CAM and taxes also included.
 
The fully equipped commercial kitchen at this Restaurant for Sale in Boca Raton has all the equipment you will need to be successful. Small and compact to save you money the equipment package includes a five foot exhaust hood, char-broiler, two eye burner, vertical broiler (gyro cooker), convection oven, microwaves, rice cookers and much more. The front of house is decorated beautifully with ten tables and 28 seats. The menu features the best homemade Mediterranean food in town. The online reviews are excellent. The Restaurant for Sale features chicken, beef, and lamb kebobs. Pita sandwiches are offered as well as salads ranging from Tabouli, Corfu,  and Greek. Homemade appetizers include Hummus, babaghanoush, and roasted eggplant. The  spinach pie is very popular. At lunch time daily specials bring the customers back time and time again.
 
This Restaurant for Sale is perfect for a family or husband and wife team. All recipes will transfer and the owners will train for two weeks at no cost.

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this . For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Ken Eisenband at (561) 350-3365

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Listing

  • Listing#: 8170
  • Price: $124999
  • Location: Boca Raton

Lease Term: Expires May 31, 2024

Monthly Rent: $4042,

Indoor Seating: 28

Inside Sq. Ft: 927,

Hood System: Yes

Neighboring Businesses: Shopping Mall, Restaurants, Retail, Department Stores

Hours Open: CLOSED SUNDAYS, Monday thru Saturday 11 am - 9 pm

# of Part-Time Employees: 1

# of Full-Time Employees: 1

Net Sales: $263410.00

Owner Benefit: $73859

Features

  • Family Run Mediterranean Restaurant in Boca Raton
  • Federal tax Returns show $73,000 net to owner, seller will dicuss all financials in a one on one meeting
  • Location, Location, Location
  • Three Mile Radius Population in Excess of 65,000 Residents
  • Three Mile Radius Household Income in Excess of $93,000
  • Daytime Employment in Same Area exceeds 92,000
  • Excellent Online Reviews
  • All recipes will transfer and owner will train for two weeks at no cost
  • Restaurant for Sale
Mediterranean Restaurant for Sale in Boca Raton - Nets $73,859 to Owner

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For Additional photos, financial information and equipment list

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