Active
Long Established Management Run Authentic Greek Concept 2 Restaurants
These two restaurants located in the Long Beach area have flourished with a great deal of goodwill after long-term providing of great authentic Greek food.
Both stores are managed by managers and the owner is only making high-level decisions part-time. All key FOH management and kitchen staff for both locations have been with the restaurant ranging from 6 to 22 years.
Both restaurants have ABC Type 47.
Here are the details of each one:
Store #1:
3,634 SF with Patio of +1,400 SF seats 400
$21,098 Month, 8 years left, with negotiable options
Total Number of employees: 35
Store #2:
$20,385 Month, 2 years left with negotiable options
Total Number of employees: 36
Listed By: Omar Kettani
Both stores are managed by managers and the owner is only making high-level decisions part-time. All key FOH management and kitchen staff for both locations have been with the restaurant ranging from 6 to 22 years.
Both restaurants have ABC Type 47.
Here are the details of each one:
Store #1:
3,634 SF with Patio of +1,400 SF seats 400
$21,098 Month, 8 years left, with negotiable options
Total Number of employees: 35
Store #2:
$20,385 Month, 2 years left with negotiable options
Total Number of employees: 36
Listed By: Omar Kettani
Background information
Reference:
ZBB2184
Year established:
1991
Reason selling:
Owner will move to other County
Finance
Sales:
$4,800,000
EBITDA:
$800,000
Operations
Employees:
71
Equipment:
N/A
Premises
Facility:
Year Established: 1999 ; Employees: 35 (Downtown Location) & 36 (Lakewood)
Rent and lease terms:
N/A
Price and terms
Price:
$1,250,000
Training:
4 weeks | 20 hrs per week