Very Profitable Mediterranean Restaurant in Plano!

This is a highly profitable Mediterranean restaurant located in a busy area of Plano, TX. The restaurant offers traditional Mediterranean entrees and other delicious delicacies and desserts. Their ingredients are bought from local farmers’ markets, thus leaving no compromise on quality. This restaurant’s food is very popular in the area with high customer satisfaction ratings. The business has been very profitable from its inception. The current owner is willing to help the buyer through the transition process. The restaurant was established in September 2021 in Plano, TX. Over the last 20 years, the current owner had established and run similar restaurants overseas and in Colorado. The business became highly profitable soon after its establishment. The current owner is selling the business because of recent health issues; the restaurant is being offered at a very reasonable price and the owner would like to handover this business to a new and energetic entrepreneur who can take this business to the next level. The buyer is expected to profit nicely from this deal. Location: Plano, Texas Year Established: 2021 Number of Employees: 7 Real Estate: Leased Building Sq. Ft.: 1,600 Rent: $2,875.00 Per Month Lease Expiration: 7/31/2026 Facilities: This restaurant is housed in a well-equipped facility. The restaurant has a covered area of 1,600 sq. ft. and low rent of $2,875 (includes NNN). The facility has 250 gallon grease trap installed and imported cooking equipment especially suitable for the Mediterranean cuisine. Market Outlook/ Competition: The restaurant has established itself with a stable and recurring customer base in only a short period of time. Other Mediterranean restaurants in Plano cannot compete with its quality of food and service, as can be seen with its remarkable 4.8/5 customer satisfaction rating on Google. Growth & Expansion: The business has grown tremendously in the first 6 months of its inception. As the word spreads further in the community about the quality and taste of its food, the revenue and profitability is only expected to go up. Most of the business comes from existing customers, referrals, and walk-ins. A new owner can start customer loyalty programs, such as punch-in cards, to encourage more business.