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Lunch With Dinner Mediterranean Food Restaurant For Sale

Arizona
Asking Price:
$149,000 (USD) Furniture / Fixtures included
Sales Revenue:
$600,000 (USD)
Cash Flow:
Available on request

This is a great opportunity to own an established Kosher Mediterranean Style Restaurant with excellent food and Yelp reviews. Business is located on a busy intersection in North Phoenix area. This neighborhood gem is very well maintained, exceptionally clean, and has a solid reputation for food and service. In seven months since its inception in August 2018, it has been featured in three Phoenix publications: Phoenix Magazine as Best New Restaurant, Phoenix New Times, and Arizona Republic. This business is consistently generating approximately $50,000 in monthly revenue. The restaurant is fully operating and turnkey. The location would also be great for conversion if you want to introduce a new menu. The layout and design would accommodate any concept. The build-out, furniture, fixtures, and equipment alone are worth over $100,000.
There is an adjacent hall for private parties with seating capacity of 80 people and separate from restaurant’s dining area. Dining area has seating capacity for 60 people. Also, there is space for outside seating in front of the restaurant.
Serious buyers, please contact for more information.

Property information

Real Estate:

Lease

Lease Terms:

lease ends: 07/2021

Leasehold Rent:

$39,600 (USD) per annum

Size in square feet:
3,300

Business Operation

Reasons for selling:

other business interests

Trading hours:

S-T 11a-9p, Fri 11a-3p

Employees:
7
Years established:
Less than 1

Other Information

Support & training:

4 weeks

Financing available:

Seller is willing to carry for a qualified buyer with $75,000 down payment.

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$7,500 (USD)

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