Please ensure Javascript is enabled for purposes of website accessibility Price Lowered on Well Known Greek Restaurant Business For Sale | Darlene Byer | Transworld Business Advisors

Price Lowered on Well Known Greek Restaurant Business For Sale

Listing Number: 87453-921797

Description

Price change due to Family Health Issues causing early Retirement...
Sales for 2021 are up 52% over 2019 and 2020.
New 5 Year Lease approved for new owner at only $2500 monthly through Sept 2026. This equals an incredibly low 4% of gross sales for the last few years.
Incredibly Profitable Business for owner operator that especially could continue in the same format and menu.
Great Visibility on The Bypass In A Well Established Area of Myrtle Beach..
This is a well run Restaurant with great Greek homemade food. This is very popular with the locals as well as the tourist every season. The food is to die for and so divine. It also has some specialty items that are sold to take home. In 2020 this business still had considerable increases in sales despite being closed two months due to Covid.
Delivery could be added to increase sales even more.
New 5 year lease approved for qualified owner by landlord through Sept 2026 at only $2500 per month.

Listing Details

  • Price: $169,000
  • Down Payment: $100,000
  • Sellers Discretionary Earnings: $175,000
  • Total Sales: $750,000
  • Location: Horry County, South Carolina

  • Inventory: $6,000
  • FF&E: $100,000
  • Employees: 8
  • Year Established: 2015
  • Reason for Selling: Retirement
  • Category: Restaurants
Price Lowered on Well Known Greek Restaurant Business For Sale

Contact Agent:

Darlene Byer
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