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Outstanding Greek Style Restaurant Opportunity W/Franchise Potential

Fairfield County, CT

Outstanding Greek Style Restaurant Opportunity W/Franchise Potential

Asking Price:$349,000

Cash Flow:$223,036

Gross Revenue:$714,287





Outstanding Greek Style Restaurant Opportunity W/Franchise Potential

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Business Description

This Northwest Fairfield County family owned prime location Greek oriented eatery has developed a special brand and menu that has resulted in strong growth. The 1700+ Sq Ft pristine restaurant is in the top major retail shopping area, next door to high volume retailers. This location has been a well known eatery for over 30 years. As a result of the success of this location, other food formats could easily be adopted. Currently open for lunch and dinner, with breakfast, catering and delivery representing significant upside potentials. 2016 was another year of good growth, with sales over $700,000. Attractive lease. This turnkey operation is also ready for further expansion with additional locations, either through direct ownership or a franchise model. Excellent lease. Like new FF&E. Unique format has no direct competition in the area. Business is priced to sell at 1.6x 2016 earnings and 50% of 2016 sales.

Detailed Information

Support & Training:
2 weeks
Reason for Selling:

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Chuck Bortnick

Business Listed By:
Chuck Bortnick

Transworld Business Advisors

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