Recently remodeled Mediterranean food restaurant with beer and wine license located on a busy street with huge vehicle traffic.
Opened in February of 2018 sales momentum has been building from day one.
2018 tax return for only 11 months shows annual sales of $ 357,441 and net income of $84,446.
2019 tax return sales were $451,266 and net income was $99,214.
2020 tax return sales were $351,254 and net income was $84,206.
2021 continues to roll big with the reopening of the economy
After four months they are averaging over 45k per month and are pace for 540k in annual sales.
Rent has been in 5-7% range per tax returns.
Located in an area underserved by restaurants in general and even more underserved by this growing food type.
They have a five-star Yelp review with hundreds of reviews, customers LOVE this place.
Visit SellingRestaurants.com and look for this listing then to go visit this restaurant.
All new build-out for this small footprint restaurant location means super easy operations and very low cost of occupancy.
Build on the business they've already established instead of trying to start from scratch.
Seller put in all new equipment and built this place out very nicely.
Kitchen is very nice and set up for big volume has walk in freezer and walk in cooler.
Restaurant is approximately 1,000 square feet with rent of only $1,700/month plus CAM of $460/month. Can't beat this rent!
CAM even includes trash and water.
Current lease expires Jan 2025 with five year option available
Come by today to see if this is the one you have been waiting on to become available.
|2014 Total Population||54,293||77,817|
|2010 Number Of Households||19,310||28,847|
|2010 Persons Per Household||2.72||2.62|
|Median House Value||$323,500||$356,627|
|Income Per Household||$71,100||$69,948|
|2009 Number Of Businesses||1,086||1,417|
|2012 Number Of Employees||25,086||28,756|
|2012 Total Annual Payroll||$428,449,000||$480,636,000|
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