ESTABLISHED & PROFITABLE MEDITERRANEAN RESTAURANT FOR SALE

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Description:

Step into a well-established, fully operational Mediterranean Restaurant located in a dynamic and rapidly growing neighborhood. Established in 2012, this beloved local spot has built a strong and loyal customer base, serving lunch and dinner, that consistently delivers stable revenue. Buy this established Las Collinas Mediterranean Restaurant for sale, which has been in operation for over 13 years, boasting sales. This prime corner real estate location boasts strong street visibility in a high-traffic area. A Thriving Restaurant with Expansion Potential. This restaurant has been operated as a passive owner. An opportunity to increase sales with marketing and the Owner/Operator. This turn-key Irving restaurant for sale features a beautifully built-out balcony, a pleasant dining room, numerous large windows for ample sunlight, and a unique design. The restaurant is situated in a highly densely populated area with a population exceeding 40,000 within a 5-mile radius. The average annual household income in Las Colinas, Texas is approximately $107,002, with a median household income of around $70,792.
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The menu features authentic Mediterranean-Turkish cuisine. The restaurant features the best food from Turkey and all the Mediterranean areas. The delicious dishes range from a simple shish kebab to an elegant eggplant-draped lamb shank. The tasty desserts range from the staple baklava (made fresh in the kitchen) to the decadent Kunefe. Everything is made to order.
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The restaurant is 2,182 sq. ft. The current lease expires in October; the buyer will negotiate a new lease with the landlord. This location serves some of Irving's best-established neighborhoods. This Mediterranean restaurant, FOR SALE $300,000, comes fully equipped with kitchen and dining room equipment, as well as everything needed to continue this successful restaurant. The buyer can keep the concept the same or convert it to a new concept with the landlord's approval. The seller requires the prospects to sign a confidentiality form before visiting the business. Additionally, to receive financial information, prospective buyers would be required to provide proof of funds or get proof of funds. The proof of funds could be a recent bank statement, brokerage statement, 401 (k), or a letter from your banker before providing additional financials on this Restaurant.

Detailed Information:

  • Building SF: 2,182.
  • Employees: 4 full-time, 2 part-time.
  • Facilities: Las Collinas.
  • Competition: 3 other Mediterranean restaurants in the vicinity.
  • Growth & Expansion: Support & Training
  • Reason for Selling: Seller is pursuing other businesses.
  • Opportunity to increase sales with marketing.
  • The seller will provide training and support for a limited time.

 

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If you have any questions, don't hesitate to get in touch with Binding Commercial Realty Advisors, LLC, 469-556-0751, or email “mike.pirzadeh@gmail.com”.