Sandwich/Wraps and Salad Shop - North Phoenix

Phoenix, AZ

Seller Financing Available

listing image
Asking Price:$169,000
Gross Revenue:$195,000
Rent:$3,300/Month
FF&E:$45,000
Cash Flow:$60,000
Inventory:$5,000
EBITDA:$60,000
Established Year:2022
BUSINESS DESCRIPTION

Established North Phoenix Restaurant - Quick Serve - Mediterranean and also serves burgers and Philly steaks, and Salads.

Currently operates from 11am to 7pm only, and closed Sundays.

Potential for higher sales with longer hours of operation and to expand the menu

Current sales are about $20K per month. Owner operated (2 people) with no employees.

Owner takes home 5-6K per month.

Recently remodeled and equipped with Gyro/shawarma machines, Large Griddle, Fryers, and other equipment, all included in the price.


DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,350
Lease Expiration
31/07/2025
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All cooking Equipment, Fridges, Prep tables, Security Cameras, TV's,
Growth & Expansion
A lot of room to expand sales, with longer hours of operation and expand the menu to other items
Financing
Lease has 3 Renewal Options, 3-yrs each
Support & Training
Seller willing to help new owner as long as needed
Reason for Selling
Moving
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Ninos Lazar
Ninos Lazar