An iconic Mediterranean restaurant in the booming West Side of Santa Cruz is being offered for sale. This award winning eatery has been a favorite of locals and tourists for more than 25 years with excellent visibility on the busiest thoroughfare in the city. The charming dining room promises an enjoyable culinary experience.
The outdoor seating is a perfect place to sample the unique selection of appetizers paired with local craft beers or domestic and imported wines. Lunch and dinner served daily. Breakfast would be a welcomed addition. Entertainment? The well-lit kitchen includes a large hood/Ansul system with quality cooking equipment, an approved grease trap, a well-maintained walk-in cooler, freezer, dishwasher, reach-in refrigerators, adequate storage, miscellaneous stainless steel fixtures and NSF metro shelving.
The West Side of the City of Santa Cruz is experiencing double-digit growth. New start-up ventures and commercial endeavors are moving into this energized area. Capital for the municipal infrastructure has been invested. New housing is under construction nearby. Stately hotels and impressive tourist accommodations are within walking distance of the restaurant. The business is five minutes away from UCSC. Enrollment increases annually
Facility:
1,950 sq. ft.
Rent: $4,800. Includes CAM charges.
Lease and Options: 5 year lease beginning February 2020.
Five year option thereafter.
Spacious kitchen: Extremely well equipped and maintained.
Type 41 ABC License On-Sale Beer & Wine
Excellent visibility.
Offered for $219,000
Gross Revenue for 2020: $840,000.00
SDE $115,154
Gross Revenue Projected for 2021: $1,020,000.00
Annual Adjusted Net Income: Call
Asking Down Payment: Call
Financing available to qualified Buyer
Bkr To Bkr Coop: Yes
To get more information about this Mediterranean Restaurant - Award Winning business for sale in
Santa Cruz please phone Roger Barnes - BRE License #:01024992 at 831-226-2322 and 831-704-2130 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #257497 on BizBen.com. In addition to phoning
Roger Barnes , make sure you email Roger Barnes above to get more info about this
Mediterranean Restaurant - Award Winning, to ask any questions or request an appointment to see this
business for sale. Thank you.
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Status: Active Posting #: 266931 Refreshed: 8/11/2021
Asking Price: $150,000
Down Payment: All Cash
Annual SDC: Call / Email
Annual Gross: Call / Email
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Price reduced.
Price reduced for an established Restaurant and Bar located in the San Lorenzo Valley, Santa Cruz County. Includes 2 comfortable dining rooms, an active, intimate bar and cocktail lounge attached to a sunny garden patio. A favorite destination of local diners, tourists, travelers and campers. Financing Available for Qualified Buyer. Projected Gross Revenue for 2021: $1,300,000.00. Estimated SDE for 2021: $184,000
Profitable. A very promising opportunity: Pizza Store for Sale! Artisan Made Pizza (Pick-up & Delivery Service Only). This is a great opportunity for pizza lovers!! The space was built just 5 months ago (all the equipment are brand new). The space size and layout is perfect for working efficiently. As per corporate guidelines. Profitable.
