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For Sale: Mediterranean Grill Restaurant - South Bay, Santa Clara County


Current Status: Active     Posting #: 247608     Last Refreshed: 11/7/19    
Contact: Bob Brooks At 408-246-3846 , 408-828-7033  -  Also Email This Contact Below
Price:  $414,000     Down:  $414,000     Adjusted Net:  $127,644     Revenue:  $1,353,407    
Attributes:  Training & Support     Cooperation With Brokers?  Call

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For Best Results & Response, Email & Phone This Contact: Bob Brooks at 408-246-3846 and 408-828-7033.

  Description About This Posting: Mediterranean Grill Restaurant
This Mediterranean Bar & Grill has a prime location in a major South Bay shopping center. In late 2016 and 2017, the center underwent a huge renovation project and access to the restaurant was restricted by construction and temporary fences. This had a major negative effect on sales with revenue dropping from $1.4MM+ to just over $1MM. The construction is complete now and sales are returning to their former levels 2018 was up over 2017 by nearly $350,000 and the cash flow more than doubled. The restaurant has a type 47 ABC license and below market rent. The seller is motivated to join his family overseas and has reduced his asking price.

To get more information about this Mediterranean Grill Restaurant business for sale in South Bay, Santa Clara County please phone Bob Brooks (Agent - BRE License #:00805283) at 408-246-3846 and 408-828-7033 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #247608 on BizBen.com. In addition to phoning Bob Brooks, make sure you email Bob Brooks above to get more info about this Mediterranean Grill Restaurant, to ask any questions or request an appointment to see this business for sale. Thank you.

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