Mediterranean Restaurant & Catering Company
Location Michigan,United States
Asking Price Range < $250K
Gross Revenues $552958
Net Profit / Cash Flow $92116
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 6 - 9
Inventory 88000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training As needed.
Reason for Sale Owner moving out of country.
Description This business is a restaurant that serves Lebanese - American cuisine to dining room patrons and caters a wide variety of foods and cuisines to catering clients. The lunch catering menu includes basic American, Mexican, Greek, Middle-Eastern and Italian selections. Approximately two-thirds of their revenues are derived from their repeat catering business. The restaurant seats up to 95 diners. There is an active Class C Liquor License on-premise and available for sale, but it is not included in the sale price. At present, liquor constitutes a very small percentage of sales and is not needed to sustain income levels. Catered lunches are prepared daily and delivered to a wide variety of professional groups, clubs and organizations on a regular basis all over southeast Michigan. The kitchen is well-equipped, functional and lined entirely with stainless-steel. There is plenty of available refrigerator and freezer space. Revenues have been consistently strong. This opportunity is ideal for an owner-operator with some food service experience that is not looking to work nights as is commonly required of traditional bars and restaurants. Financing is available for qualified buyers with a minimum of $50,000 down. Contact for more information on this Mediterranean Restaurant & Catering company for sale.
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