MergerPlace

Greek Quick Service Restaurant

New Jersey (Monmouth)


  • Asking Price: $189,000
  • Gross Income: $500,000
  • Cash Flow: $177,503
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: Not Disclosed
  • Listing ID: #202601
  • Established: 3
  • Employees: 5PT

Business Description

Located in a Shopping Center in Monmouth County, this beautifully well-appointed 21/2 year old family owned quick service Greek Restaurant is looking for a new owner to step in and continue the popularity and profitability of this great restaurant. This well established restaurant consists of over 1,800 sq. ft., has seating for 25, plus an additional 20 on the outside area weather permitting. They offer eat-in, take-out and delivery. The quality built modern restaurant was completed in 2015 and reflects a major capital investment of over $175,000. It’s beautifully decorated and the food is delicious. This restaurant is known for its mouthwatering gourmet Gyro’s, Yeero’s and specialty Greek recipes and authentic taste. Once a customer visits and eats, they return. This opportunity won't last long. You could start a restaurant from scratch, negotiate a lease, build out the space, buy the furniture, find and train the staff, recruit customers and if you are really good, break-even after a year. Or....you could buy a beautiful restaurant like this one and skip the start-up headaches and profit from day one. This turnkey operation needs nothing but an enthusiastic, creative and hardworking operator to take it to the next level. This restaurant has a sterling reputation in the community and is a very simple and easy concept which can easily be turned into any other cuisine because of the versatility of the equipment. Perfect for first-time or established restaurateur or family business.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Jersey
County: Monmouth

Company Information

Year Established: 3
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5PT

Financial Information

Asking Price: $189,000
Gross Revenue: $500,000
Cash Flow: $177,503
Inventory: $3,000
Seller Financing Available: Yes

Property Information

Facilities:

Located in a Shopping Center consists of over 1,800 sq. ft. with seating for 25 inside and an additional 20 outside. Beautifully decorated; Equipment is like new. Can be easily converted to other cuisine. Must be seen; won’t last long.

Reason for selling:

Looking to retire

Support & Training:

2 weeks training

Contact Business Seller

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Business Listed By:

Gene Reilly

Executive Business Brokers