Mediterranean Restaurant And Grocery
Location Virginia,United States
Asking Price Range < $250K
Gross Revenues $654000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1973
Number of Employees 1 - 3
Inventory 50000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Personal
Description Well established family run grocery, meat market and restaurant is available in a strip mall on a main thoroughfare. The meat market is strictly Halal, no alcohol is sold in the restaurant or grocery store. Breakdown of sales is: Restaurant 30%, grocery 45%, butcher 25%. Restaurant has 20 seats. Carryout sales is 60%. Long lease. Adding delivery would greatly increase sales. Well priced at $225,000 (including inventory) and a good investment for the right buyer. Financing is available to a qualified buyer.
Price lowered the price for a quick sale.
Owner is anxious to sell and will entertain any reasonable offer.
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