King Of The Gyro Great Location Priced To Sell

Location: United States -> Arizona -> Phoenix
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Great cash flow! No headaches! Recent new build out, and new equipment with warranties! 5 year lease, with 5 year option. Owner brought a successful venture in NY here to sunny AZ. Now wants to return to NY. This specialty restaurant is located in a high traffic shopping center. Accessibility and visibility are excellent and there is ample parking. 10,000 home residential community behind the mall. Here is your chance to own and operate a wonderful niche restaurant that serves fresh and delicious traditional Mediterranean dishes such as Gyros, Souvlake and Falafel, as well as fresh salads, Kabobs, and Mediterranean deserts. Business is surrounded by a large established residential area. Dine-in, take-out and catering available to its customers. Great repeat and loyal clientele due to excellent food quality and personal service.

This restaurant is a terrific business with plenty of room to grow. Business is completely turn-key and fully equipped for its continued success. Only small inventory needed to drive revenues. High potential to make this great business even more profitable by expanding the catering side, and letting the delicious food drive word of mouth repeat business. Only $98,000! For more information on this Restaurant for sale, email or call Ed Sangalli at 602.478.0534.

Financials

Asking Price Range: < $250K
Gross Revenues: $100,000
Cash Flow: $60,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $65,000
Seller Financing: Not Disclosed

About The Business

Year Established: 2008
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable

About The Sale

Management Training and Support: 2 weeks – negotiable additional.
Reason For Selling: Wants to go back to NY.