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Greek & Mediterranean Restaurant – Wrentham Area, MA 21 years Lease

Wrentham, MA

$319K
Asking Price
$478K
Revenue
$144K
Cash Flow

Overview

Established Greek & Mediterranean Restaurant – Wrentham Area, MA Confidential Business Opportunity A unique opportunity to acquire an established Greek & Mediterranean restaurant in the Wrentham area of Massachusetts, offering a distinctive concept, established operations, and the significant benefit of approximately 21 years remaining on the current lease, plus four renewal options. The restaurant features a diverse menu of authentic and popular Mediterranean offerings, including gyros, Greek pitas, combination platters, rice bowls, falafel, hummus, tzatziki, Greek and specialty salads, fresh-squeezed juices, smoothies, milkshakes, baklava, and traditional desserts. The business is positioned to serve a broad customer base, including individual diners, families, takeout customers, online orders, and catering clients.
Business Concept The menu includes: Chicken Gyro & Beef/Lamb Gyro Greek & Falafel Pitas Combination Platters Greek Rice Bowls Moussaka & Pastitsio Greek, Garden & Caesar Salads Hummus & Tzatziki Falafel Fresh-Squeezed Juices Smoothies Milkshakes Soft Drinks Baklava & Desserts Operating Schedule Monday – Wednesday: 11:00 AM – 8:00 PM Thursday – Saturday: 11:00 AM – 9:00 PM Sunday: Closed Approximately 57 operating hours per week, providing a manageable six-day operating schedule. Monthly Operating Expenses Expense Monthly Rent $3,506 Electricity $1,000 Gas $300 Internet $144 Water $80 Sales Tax $2,300 POS System $75 Online Ordering $299 Payroll $8,000 Food Cost $7,200 Lease Terms Current Monthly Rent: $3,506 (Including NNN) Base Rent: $2,600 Annual Increase: 10% from base rent Lease Structure: NNN Lease Term: 21 years Options: 4 options NNN expenses include trash, snow removal, property taxes, and insurance. Growth Opportunity The business provides an opportunity for an owner-operator to take over an established Greek/Mediterranean restaurant concept with an existing menu, operating infrastructure, and online ordering presence.
Potential growth opportunities include: 1- Adding new items to the menu as the restaurant serve only 4 different items 2- Expanding catering 3- Increasing online ordering 4- Local digital marketing 5- Corporate and office catering 6- Delivery partnerships 7- Extended operating hours 8- Menu optimization 9- Increased customer outreach and social media marketing Business name, exact location, and additional identifying information will be provided to qualified buyers upon request and execution of appropriate confidentiality documentation.

Key Details

Year Established2000
StateMA
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