Middle Eastern Restaurant For Sale – Orlando, Florida
Middle Eastern Restaurant For Sale Orlando, Florida for $65,000! Currently grossing an estimated $118,883 and nets $26,298. Located in an established plaza. Turnkey and move in ready for those who want to take over a successful business model. Currently receiving great ratings for service and food quality. Restaurant currently serves a Middle Eastern menu to include: Halal, chicken and beef shawarma, baba ganoush, kebabs, salad, and more. Includes all equipment worth an estimated $25,000. Seats 10 inside. Plenty of opportunity to increase revenue. Please be advised that owner will not entertain seller financing, SBA loans, or third party lending. If seeking financing, buyer must be able to borrow against personal assets.
Frequently Asked Questions:
What is the current gross revenue for this restaurant?
The current gross revenue being generated is estimated at $118,883. Great opportunity for someone looking to venture into a similar business.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
There is no seller financing. This business may qualify for a business or SBA loan. However, if financing is needed for startup cost you can review additional Financing Options Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and insurance.
What type of insurance do I need?
In most cases restaurant owners will need a minimum of the following insurance policies: business liability, worker’s compensation and business property insurance. Restaurants For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
Is the restaurant property owned or leased?
Currently the owner leases the property. Lease terms remain until January 31st, 2019 at $1902 per month. New owner must be approved to take over. Note: New buyer will negotiate and sign lease terms with the property owner.
Where is the restaurant located?
Currently located in Orlando, Florida. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
current list of equipment includes: 3 compartment sink, 72″ double burners, 26″ griddle, 2 deep fryers, 24″ char-broiler, 13ft hood, 72″ cold salad bar, 4 stainless working tables, 2 refrigerators, 2 freezers, grease trap, tankless water heater, and more. Estimated value $25,000.
What size and how many customers can this restaurant seat?
Restaurant is 1000 sq. ft. and seats 10 inside.
Does this restaurant currently have a beer or liquor license?
No, there is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service?
No, due to the location of the store in and its proximity in the plaza there is no option for a drive-thru, however most Middle Eastern Restaurants offer take-out service (delivery through doorstep).
How long has the seller owned the restaurant?
Seller has owned less than 1 year.
Why is the owner selling?
Owners have other business interest they would like to pursue.
What are the hours of operation?
Current owner operates the business from 11am to 11pm, Monday-Friday (Friday 3pm-11pm). New owner may set their own hours.
What type of neighboring business are in the area?
Currently this plaza has the following businesses: Nail/Spa, Hair Salon, Bar, and other Restaurants.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Middle Eastern Restaurant located in an established plaza. Turnkey and move in ready for those who want to take over a successful business model. Restaurant currently serves a Middle Eastern menu to include: Halal, chicken and beef shawarma, baba ganoush, kebabs, salad, and more. Includes all equipment worth an estimated $25,000. Seats 10 inside. Plenty of opportunity to increase revenue. Priced to sell at $69,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.