Listing #: 109-10356
Category: Food/Restaurant
  • Listed Price $ 199,000
  • Down Payment $ 199,000
  • Gross Sales $ 303,545
  • Total Income $ 85,876
  • Equipment/Fixtures$ 30,000
  • General Location Palm Beach County
For more information contact:
Martin Berliant
Office: (561) 827-1181
Cell: (561) 827-1181
Office Website

Deluxe Mediterranean Restaurant

Family-run and very profitable 15 years est Mediterranean Restaurant that is growing every year with a very strong regular customer base. Located in busy plaza near large high-end new residential construction. Seats 28 in 900 sq ft space with five foot hood. Long term lease in place at $3700/month, which is excellent rate for the area. Beer and wine license included. Hours are 11am-9pm mon-thu, 11am-11pm fri, and 12pm-10pm sat. Menu offers large selection of Mediterranean entrees, sandwiches, salads, and desserts. Over 1000 customers are sent regular email advertisements. New owner can make more money by increasing advertising and being open Sundays. Sales growing and store has good financial records. Asking price of $199K includes all contents, inventory, brand name and customer goodwill, and deluxe website. Please contact Martin Berliant 561-827-1181 or email for more information. Nondisclosure form is required.

Financial Information

  • Gross Sales:$303,545
  • Total Income: $85,876
  • Listed Price:$199,000
  • Down Payment $199,000

Financing:

Assets & Lease Information

  • Inventory: $2,000
  • Leasehold Improvements: $30,000
  • Equipment/ Fixtures: $30,000
  • Base Rent: $0
  • Total Rent: $3,700
  • Rent Deposit: $0
  • Year Established: 2002
  • Square Feet: 900
  • Lease Ends: 5/2019
  • Lease Options: 5 years
  • Categories: Food/Restaurant
  • Other Assets:

Additional Information

  • Full-Time Employees:2
  • Part-Time Employees: 0
  • Contract Staff: 0
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  • Training Period: two weeks
  • Special License Required: None
  • Reason for Selling: other business interests

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.