GREEK RESTAURANT FRANCHISE

FRANCHISE FOR SALE IN DENTON COUNTY, TEXAS

List Price: $525,000 USD

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Annual Gross Revenue:

$422,457 USD

Annual Net Profit:

Less Than $25,000

Value of Inventory:

Less Than $25,000

Value of Assets:

$150,000 - $200,000

Business Category:

Restaurant/Bar

Business Operates From:

A Retail Location

Year Established:

2018

Seasonal Business:

No

1-3 Months

TRANSITION SUPPORT

Somewhat

PRICE/TERMS
FLEXIBILITY

Full-time

OWNER INVOLVEMENT

SUMMARY

Highly Rated Greek Franchise in an Incredible Location! Simple. Real. Food. Specializing in healthy, fresh, and authentic Greek meals that the whole family can enjoy. Mediterranean food is more popular than ever, and fast-casual dining is the fastest-growing segment in the restaurant industry. This Greek Mediterranean Restaurant opened its doors in March 2019, with continued and steady financial improvements. All heavy lifting has been done to step in and run a profitable restaurant located in one of the hottest, fastest-growing developments in the Metroplex.

PHOTOS

FACTS

Part-Time Employees:

6-10

Full-Time Employees:

1-5

Total Employees:

10-25

Timeframe for sale:

Immediate

Total Approx. Monthly Rent:

$9,000/month

Lease Expiration:

10-2028

DESCRIPTION

DAY-TO-DAY INVOLVEMENT

The owner is a husband and wife team. Only the wife works in the business and operates as a general manager. Willing to stay on for training and transition is open for negotiation.

FRANCHISE BRAND ACCOLADES AND AWARDS

Gold medal winner of Best New Restaurant, Best Family-Friendly Restaurant, Best Mediterranean and Best Power Lunch

ASSET DESCRIPTION

All equipment, furniture, and fixtures included in the sale. Walk-in Cooler/Freezer, Charbroiler, Vertical Broiler, Refrigerated Chef Base, Deep Fryer, and Warmer, Under-Counter Freezer, Food Processor, Small Appliances, Shelving, Four Burner Range with Oven, Ice Maker, Stainless Steel Work Tables, Refrigerated Prep Tables, Point of Sale, Menu Boards, Small Wares, China, Glass and Silverware, Management Computer, Menu Boards, T-Shirts, Outdoor Patio Seating, Dining Area Seating, Dining Area Decor.

INVENTORY DESCRIPTION

All fresh ingredients.

BONUS MATERIAL

REASON FOR SELLING

Family Obligations

GROWTH OPPORTUNITIES

Expanding catering for local business, of which there is an unlimited supply, is a key area of growth. The liquor license has just been acquired and is expected to grow traffic and sales. The location is one of the fastest-growing in the Metroplex with future expansions in the near horizon. Increased marketing to drive awareness and sales.

None

SELLER FINANCING AVAILABLE

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