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Glendale

  • Listing No.: 115-11015

  • Category: Food - Restaurant

Asking Price $175,000
Down Payment
Gross Revenue $360,000
Total Adjusted Net Income $0
Equipment/Fixtures $375,000
Year Established 2016
General Location Glendale
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This is an incredible opportunity to own an established Mediterranean Style Restaurant with phenomenal food and excellent Yelp reviews.  It has been established in Glendale and family owned for 3 years. Located on a main artery and busy intersection. This neighborhood gem is very well maintained, exceptionally clean, and has a solid reputation for food and service. This is a well-staffed, fully operating, turnkey restaurant that has a lot of upside potential by adding breakfast or American food to the menu. The location would also be great for a conversion if you want to bring your own menu.  The layout and design would accommodate any concept. Owner is selling due to family relocating. Serious buyers please contact for more information.  Call now!     

Gross Revenue $360,000 Listed Price $175,000
Total Income $0 Down Payment
Base Rent $0 Square Feet 2400
Total Rent $6,200 Lease Expiration 11/2020
Rent Deposit $6,000 Lease Options
Inventory $5,000 Leasehold Improvements
Equipment/ Fixtures $375,000 Other Assets
Full-Time Employees 2 Training Period
Part-Time Employees 0 Special License Required #12 Liquor License
Contract Staff 0 Reason for Selling Relocating

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.