WAY BELOW VALUE-Great Restaurant-FAST SALE-Family Issues

Dallas, TX (Dallas County)

Seller Financing Available
WAY BELOW VALUE-Great Restaurant-FAST SALE-Family Issues

Asking Price:$75,000

Cash Flow:$61,500

Gross Revenue:$275,000

EBITDA:N/A

FF&E:$72,000

Inventory:$1,500

Rate/Sq. Ft.:N/A

Established:1991

WAY BELOW VALUE-Great Restaurant-FAST SALE-Family Issues

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Business Description

This is THE PLACE TO Go to get the BEST Mediterranean, Greek, Vegetarian and Lebanese Cuisine in Dallas. All of the food is made fresh, with natural ingredients, using no preservatives and no trans-fats oils.

They have a Daily hot & salad lunch buffet that has more than 20 items (Hummus, Falafel, Dolmas, Moussaka, Pastitsio, Gyro, Souvlakis, Tzatziki and more vegetarian items). For dinner service, there are appetizers, salads, entrees, and desserts, such as excellent baklava.

This renowned restaurant was originally started in 1991 as a Greek restaurant. Then and now this business's goal is to provide fresh, healthy food at a reasonable price.

This IS ONE OF THOSE places you Have to SEE to BELIEVE. It is that NICE.

The Restaurant has a new owner and is under new management since the first of the year. The new owner has remodeled the dining area and has completed some modernizing of the kitchen. Sales have already doubled from last year. This establishment has enjoyed HUGE numbers through the years and is on target to do it again. Large extra immediate income could be added by doing some neighborhood direct promotions, opening for Sunday Brunch, adding beer and wine, etc.

Fall in Love at First Sight----This Business is that Nice-Will Sell Fast!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located on a very high traffic count Road as well as in a super popular shopping center. The building is approx. 3000sq. ft. It can seat 78 inside and 30 outside. There is plenty of convenient, well-lighted, and easy access parking. The current lease is $6,608 per month and is good till July 2018 with a 5 year renewal.
Competition:
There are some several miles away, and none have a buffet
Growth & Expansion:
This is a business that could double by being open for Sunday Brunch Buffet, with doing more local direct marketing, and allowing Social Media to create more visibility.
Financing:
Yes with 50% down
Support & Training:
Will provide two weeks of free on-site training, as well as up to 3 months of free phone consultation on an as needed basis.
Reason for Selling:
Family issues

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