Spiro's Taverna is a well established turn key Greek restaurant
Melbourne, FL
| Asking Price: | $110,000 |
| Gross Revenue: | $494,000 |
| Rent: | $6,000/Month |
| Established Year: | 2022 |
| Cash Flow: | $10,000 |
| Inventory: | $10,000 |
| FF&E: | $90,000 |
Listing ID: 2243285Listing provided by BizBuySell
BUSINESS DESCRIPTION
Spiro's Taverna is a turn key well established greek restaurant franchise for sale. The owner is currently an absentee owner, the franchise is looking for someone to be more involved. The restaurant is in a great area in a busy plaza.
Don't miss the opportunity to get into this growing franchise!
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Melbourne, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,700
Lease Expiration
01/01/2032
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Turn key. Fully operational Kitchen, all tables and chairs, all the inventory.
Competition
It's in a very busy plaza! There are no other greek restaurants around this area.
Growth & Expansion
It has a ton of room to grow and expand the name. The franchise is willing to put in money for advertising this location. This store is on track to gross over $600,000 this year and have a profit closer to $80,000. This franchise has the potential to do a lot more with the right owner.
Financing
The current owner is willing to hold paper. The restaurant this year is profitable a
Support & Training
The franchise is willing to train the new owner and waive the franchise fees for a little bit until the new owner gets established.
Reason for Selling
The franchise wants an owner that is going to be involved in the restaurant. Cu
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