Price: $400,000
Location: Orange County
Industry: Restaurant and Food
Listing ID: 01985300JS
Listing Status: New
Listing ID - 01985300JS
Busy Mediterranean Restaurant in Orange County. Highly positive reviews. Built-in Cost $400K. Clean Records.
Perfect for an owner-operator.
Chef's salary is $7K/m. Chef has to leave for health reasons. The chef is willing to train the new owner for up to 1 month.
Currently does not have a beer & wine license and does not serve breakfast. Potential to up the sales if the new owner obtains a B&W license or full liquor license and adds breakfast.
The restaurant sells deserts with its brand for wholesale as well. There is much room to improve the wholesales since it has enough space to expand and a high volume of brand new equipment.
Spacious Walk-in cooler and freezer. 2 restrooms. Large Hood. Grease trap. Delivery area and employee parking from the back.
Down Payment: $400,000
Total Sales: $720,000
Cash Flow: $195,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $150,000
FFE Included: Yes
Inventory: $15,000
Inventory Included: No
Year Established: 2022
Days & Hours of Operation: 11am - 9pm (7 Days)
Owner Hours Per Week: 0
Non-Owner Payroll: N/A
Employees: 5
Absentee Owner: Yes
Lease Option: [email protected] Years
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $6,495
Type of Location: Shopping Mall
Square Footage: 2000
Reason For Sale: Health
