$400,000 NET Well Established Mediterranean Restaurant and Bar
Asking Price: | $950,000 |
Gross Revenue: | $1,535,000 |
FF&E: | $80,000 |
Cash Flow: | $400,000 |
Rent: | $9,280 |
Established Year: | 2012 |
Amazing Location and Seller Financing Terms!!!
If you are looking for a beautiful well-established Mediterranean restaurant/bar/grill in the heart of Peoria with solid reviews and great staff in place then look no further. The restaurant boasts a solid 4500 sq.ft. suite with an outdoor patio and a bar and a great lease in place as well below market at $9280 per month There is ample parking near the business and surrounded by solid neighbor tenants. The owner opened the business over 12 years ago and built a solid relationship with the surrounding community and made it strong through COVID. The owner has all the books and records you will need to review the business. The seller is also offering great seller financing terms with $600,000 down and $350,000 balance over 3 years at 7%. Hurry up this go quick.
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