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Mediterranean Restaurant Inside Major Mall

Location  Florida,United States
Asking Price Range  < $250K
Gross Revenues  $360000
Net Profit / Cash Flow  $60000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2011
Number of Employees  10 - 19
Inventory  80000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Two weeks
Reason for Sale  Other business interests
Description  This is a deluxe, recently built-out and renovated mediterranean restaurant inside a major high-end mall in Palm Beach County. Seats 75, hours are 11am-9pm seven days a week. Owner works there part-time in addition to his other full time job and is burned out and ready to sell. Restaurant serves wide array of greek food including gyros, salads, calamari, falafel, chicken and beef dishes, and grilled entrees. The 2700 sq ft space has a 16' hood and a 8' hood, two ADA compliant bathrooms, two flat screen TVs, walk-in cooler/freezer, and updated kitchen equipment. The break-even point operationally is about $25K/month. Company averages about $1,000/day in the off-season and upwards of $1500-$2,000/day in the season. Asking price of $79K. Will not last long. Please contact Martin Berliant at 561-827-1181 or email for more information. Must sign confidentiality agreement.
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