Mediterranean Restaurant for Sale in Palm Beach Gardens

Mediterranean Restaurant for Sale in Palm Beach Gardens

Greek and Mediterranean Restaurant for Sale in Palm Beach County, Florida has been serving the community for more than 15 years. Perfect opportunity for a family to run this operation or someone looking for a turnkey operation with great history, consistent sales, and high discretionary income.
The Mediterranean Restaurant for Sale was opened in 2007 and has run under continuous ownership since that time. Well known in the community for authentic Mediterranean and Greek food, the sales and profits of this restaurant have been consistent. In 2023 the restaurant had sales of $910,024. The seller discretionary earnings were $92,760 for the same period. In 2024 sales have remained steady and the results will be similar. This is the perfect opportunity for a restaurant operator looking for there first operation or a family to take over and run as a family business. The restaurant utilizes third party delivery services, but offers its own delivery at lunch.
The Mediterranean Restaurant for Sale occupies 1,620 square feet in a popular shopping center in Palm Beach Gardens. The three-mile radius population is 83,400 with an annual household income of $77,000. There are more than 52,000 vehicles passing by the shopping center daily. The shopping center is home to a large anchor store that is very popular, additional restaurants, retail, and service providers. The restaurant has seating for 50 guests inside and another 20 guests on the patio right outside the front door. The restaurant offers hookah for guests on the patio. The monthly rent is only $4,567 including all CAMS and taxes. The lease expires in August of 2025 and there is an option period attached. Let We Sell Restaurants show you how easy it is to navigate the leasing process.
The owner of the Mediterranean Restaurant for Sale is from the Middle East and all recipes are authentic. The menu consists of all your favorite Greek classics such as Spanakopita, Sagnaki, Baba Ghanouj, and more. The entrees include Gyro, Falafel, Kabobs of Beef or Chicken, and seafood choices. The lunch menu includes salads, wraps, soups, and sandwiches. The desserts are all traditional and very popular. The menu and recipes will transfer with the sale and the seller will remain for two weeks at no cost to insure a smooth transfer of ownership.
The Mediterranean Restaurant for Sale is fully equipped and ready for a new owner. The exhaust hood is nine feet long and the grease trap is inground. Under the hood sits gyro cooker, char-broiler, flat-top grill, salamander, fryer, and four-eye burner with stove. There is a walk-in cooler, walk-in freezer, ice machine, convection oven, plenty of smallwares, and an assortment of pots and pans. Everything you will need to be profitable on day one of ownership.
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