Premiere Mediterranean Restaurant # 2065

Dallas County, TX

Mediterranean Restaurant

Asking Price:$120,000

Cash Flow:$42,000

Gross Revenue:$504,000

EBITDA:$42,000

FF&E:$45,000

Inventory:$8,000

Established:1995

Premiere Mediterranean Restaurant # 2065

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Business Description

Well established Mediterranean restaurant located in Collin County. It has been in business for 20 years with a strong neighborhood following and friendly staff. Restaurant has over 25 tables currently and room to add additional seating and eight seats located at the bar. Kitchen equipment is top of the line and in great condition. Location also has full Liquor license in place. Current sales are ~$40,000/month and business has stable profitability. Great investment for anyone who is interested in owning a long established restaurant with a proven menu and quality service.

Detailed Information

Inventory:
Included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Rent is $7,600 for 2950 sqft but, landlord will offer qualified new tenant some improvement dollars as well as 1-3 months free rental if they come in and remodel the restaurant.
Reason for Selling:
Retiring

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