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Asking Price$225,000
Revenue$420,000 EstablishedUndisclosed
Cash Flow$180,000 Employees2 full, 1 part
FF&E$45,000 FranchiseNo
Inventory$3,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
If you love Gyro food, then you will join hundreds of people that drive up to hours just to eat at this restaurant. If you are a savvy into business, then you will want to consider this restaurant as a smart investment. This location is in pre-Franchise phase and will be grandfathered in without franchise fees! Even while I was working on the paperwork to list the business, the restaurant was flooded with committed hungry customers who were driving various distances to eat there. The customers raved at how there are other Gyro restaurants in their town but they drive to eat here because it taste so much better. The company thrives to use only the best ingredients and there are over 35 menu items that will have your stomach craving for more, especially with the exceptional quality of their food and their proprietary sauce. The Seller is expanding the retail and has numerous ideas to increase the sales for all of his locations. There is minimal catering at this time but needs someone who has the ability to really appeal to the senses of locals that wish to cater to mega events. At some point, the Owner will add a Truck to the business model as well that will help with catering events. This location is the perfect place to continue providing the best Gyros around to hundreds of satisfied customers. It is centered in the heart of the city, within minutes of major businesses, a college and a new massive shopping center that will open in 2015. There will be additional locations around TN and then expand outward. This is the 5th location to open. The financials are from 2012 and will have 2013 updated soon. If you have any questions, please do not hesitate to contact Christi Wigle, Your Personal Vested Business Broker at 423-748-3665 for more information.
Training/Support:Seller willing to train
Seller Financing:$125,000.00 Down and TBD
Sale Reason:Personal
Ad #65490
Seller Reference #25817
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Christi Wigle
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