Mediterranean Restaurant For Sale Vancouver, Washington
Mediterranean Restaurant For Sale in Vancouver, Washington for $185,000! Currently grossing an estimated $265,767 and nets $70,822. Located in a large plaza on a busy highway with surrounding retail stores and restaurants. Turnkey and move in ready for those who want to take over a successful business model. Currently receiving great ratings for service and food quality. This restaurant has been family owned and operated for many years and currently serves a Mediterranean menu to include: kabob, chicken, lamb and fish dishes, salads, sandwiches and more. This restaurant would also be perfect for any type of cuisine if the new owner was looking to change the menus. Includes all equipment worth an estimated $30,000. Seats 100 inside. Plenty of opportunity to increase revenue.
Frequently Asked Questions:   Price: $185,000   Cash Flow: 70,822   Financing: No   Listing: Inactive
What is the current gross revenue for this restaurant? The current gross revenue being generated is estimated at $265,767.
How does the restaurant profit? Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant? Unfortunately there is no seller financing. This business may qualify for a business or SBA loan. However, if financing is needed for startup cost you can review additional Financing Options Here.
What are my expenses and overhead for a restaurant business? Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance.
Is the restaurant property owned or leased? Currently the owner leases the property. Lease terms remain for 3 years. New owner must be approved to take over. Note: New buyer will negotiate and sign lease terms with the property owner.
Where is the restaurant located? Located in Vancouver, Washington. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale? Current list of equipment includes: stove, oven, warmers, steam tables, charbroiler, flat grill with three heads, prep fridges, freezers, fountain machine, POS, Coffee makers, prep tables, chairs and tables for 100 customers, smallwares and more. Estimated value $30,000.
What size and how many customers can this restaurant seat? Restaurant can seat 100 inside.
Does this restaurant currently have a beer or liquor license? Yes, this business currently holds a beer and wine license.
Does the restaurant offer drive-thru or delivery service? There is no drive thru and there is no delivery service currently being offered.
How long has the seller owned the restaurant? Seller has owned this restaurant for 18 years.
Why is the owner selling? Owner is relocating overseas.
What are the hours of operation? Current owner operates the business from 11am to 9pm, Monday - Sunday. New owner may set their own hours.
What type of neighboring business are in the area? Currently this plaza has the following businesses: retail stores, grocery store, nail spa and more.
What do you recommend when purchasing a business? When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know? Family owned and operated Mediterranean Restaurant located in an established plaza. Turnkey and move in ready for those who want to take over a successful business model. Includes all equipment worth an estimated $30,000. Seats 100 inside. Plenty of opportunity to increase revenue. Relocation forces sale. Priced to sell at $185,000. Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Sellerís representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.