Greek gyro restaurant for sale

Greek gyro restaurant for sale


Best of authentic Greek gyro in town and casual Greek cuisine for Sale! Niche market in the area. Located steps from a very high traffic major intersection in Feasterville. Successful and very profitable gyro establishment features an amazing custom made commercial kitchen. All equipment and furniture was installed new 3 years ago, still in great working condition. The restaurant also features a private dining room with electric fire place and traditional Mediterranean decorations, which has been enjoyed and loved by many large parties before COVID-19. Custom built Italian marble stone counter, with recess lighting. Currently the restaurant is operating part time, due to limited human resources. Strong and loyal client base with patrons from Bucks, Philadelphia, and Montgomery counties. Very strong potential for expanding with new locations. All current business is take out and delivery only, due to pandemic. All kitchen equipment, additional equipment not currently used, furniture and decorations included in sale. Truly a turn-key operation! Pylon sign out front, on side of the street. Parking for up to 15 cars.



Location

Country:

USA

State or Province:

PA

City:

Feasterville

Location Zip or Postal Code:

19053

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Greek gyro restaurant for sale

Year Established:

2017

Number of Locations:

1

Number of Seats:

Less than 50

Size:

1100, Square Feet

Patio:

No

Number of Employees:

Less than 10

Hours of Operation:

Thursday-Sunday: 12:00-9:00PM

Growth or Expansion Opportunities:

Tremendous

Reason for Selling:

Moving

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Financial Details

Asking Price:

$275,000

Gross Revenue:

$400,000

Gross Revenue Range:

Under $500,000

EBITDA Range:

$100,000-$300,000

SDE Range:

$100,000

Inventory Value included in price?:

Yes

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

N/A

Total Monthly Rent:

$2,300

Contact Listing Owner