Mediterranean Restaurant for Sale in Boca Raton

Boca Raton, FL (Palm Beach County)

Seller Financing Available
Mediterranean Restaurant for Sale in Boca Raton

Asking Price:$225,000

Cash Flow:$129,394

Gross Revenue:$217,262

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2000

Mediterranean Restaurant for Sale in Boca Raton

Get Financing Save Print Share Valuation Report

Business Description

Mediterranean Restaurant for Sale in Boca Raton

Buy this fifteen year old Restaurant for Sale in Boca Raton! This Mediterranean restaurant returns six figures to the husband and wife owners!

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 15 years and operated by the same husband and wife team for the last eight 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 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 $3,609 per month with CAM and taxes also included.

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 in the last three years. The current year has seen double digit sales increase. In 2015 the husband and wife team took home more than $100,000 in profits. The small Restaurant for Sale is operated by the husband and wife and two to three other employees based on the seasonal business in Boca Raton. The menu is engineered for extremely low cost of goods and the labor costs are very low, also.

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. If you have any questions concerning this opportunity please contact your certified restaurant broker, Ken Eisenband, at 561-350-3365.

Detailed Information

Real Estate:
Leased
Building SF:
927
Lease Expiration:
5/31/2018
Employees:
3
Facilities:
The front of house is decorated beautifully with ten tables and 28 seats.
Reason for Selling:
Retirement

Listing Statistics for Premium Members

Ad#:1297532 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Ken Eisenband

Business Listed By:
Ken Eisenband

We Sell Restaurants

Show Phone Number

View My Listings


Sponsoring Broker:
Eric Gagnon

Find out more...

Get more details about this business.


Similar Listings


Paisano's

Franchise Opportunity In FL
Capital Required: $376,000