Profitable Halal Mediterranean Restaurant with Food Trailer
Asking Price: | $220,000 |
Gross Revenue: | $580,000 |
FF&E: | $3,000 |
Cash Flow: | $100,000 |
Inventory: | $40,000 |
Established Year: | 2020 |
Prime Armory Square Location Pita Dream Halal Mediterranean Food
An established and highly profitable Halal Mediterranean restaurant, Pita Dream, located in the heart of Armory Square. This restaurant has been delighting patrons since 2020 with its delicious and authentic Mediterranean cuisine. Featuring an included custom-made food trailer (10 x 8 feet, built in 2022 with a full kitchen), this opportunity is perfect for expanding mobile operations or catering services.
Key Features:
Turnkey Operation: Profitable business with steadily increasing sales year over year.
Prime Location: In Armory Square, across from FlynnStoned Cannabis Company and Sakana-Ya Sushi Bar, ensuring high visibility and foot traffic.
Lease Details:
Space: 1,450 sq. ft.
Rent: $20/sq. ft. ($2,500/month).
Current lease: 4 years (ending 2028) with a 3-year renewal option.
Negotiable lease terms.
Equipment & Inventory: Fully equipped kitchen, new furnace and AC, and ample storage space. All inventory and kitchen supplies included.
Additional Opportunities:
Building Next Door: 6,000+ sq. ft. available for lease, perfect for expanding seating or operations.
Alcohol Sales: The business currently does not serve alcohol, presenting a significant growth opportunity in the area.
Performance:
Annual Gross Revenue: $580,000.
Weekly Sales: $10,000+ from consistent catering demand.
Third-Party Delivery Services: Partnered with Uber Eats, DoorDash, Grubhub, and EzCater for seamless delivery options.
Included Food Trailer:
Built in 2022.
Custom-made 10 x 8 feet.
Fully functional kitchen for mobile operations or additional catering capacity.
Manager Support:
Current manager willing to assist with transition, ensuring smooth ownership change.
Why Choose This Business?
Pita Dream thrives in a high-demand market with consistent traffic and growing revenue. With nearby opportunities for expansion, no existing alcohol sales, and a custom food trailer, this is a lucrative investment for restaurateurs looking to own a thriving operation.
Don't miss out on this incredible opportunity to own a profitable Mediterranean restaurant with growth potential in the heart of Syracuse!
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