Mediterranean Pita And Pizza Eatery In New Westminster For Sale

Business description

Established 3 years. Middle Eastern Pita and Pizza Eatery with a liquor licence, excellent street exposure and a small patio.

This very nicely improved 1,400 SF eatery plus basement fot storage has a good size, clean, functional vented kithen with a fire suppression nsystem over the donair machines. All equipment is included. Original cost of the improvements, equipment and fixtures was $125K.

The menu includes meat and vegetarian Middle Eastern foods, donair and pita pizzas. The food is excellent but not mainstream. The business needs new energy and possibly a change of food venue such as Greek Mediterranean food and pizza with delivery.

Excellent Gross Lease of $37,965 ($3,165 month). Owner has another business and must sell this one.

Property information

Real Estate:

Lease

Lease terms:

Excellent Gross Lease of $37,965 ($3,165 month) with a 2.5% increase each year ($950 for 2011).

Location:

Excellent street exposure with a small patio.

Premises details:

Improvements 3 years old. 1,400 SF eatery with a good size, clean, functional kitchen plus a SF basement for storage.

Business Operation

Reasons for selling:

Owner has another business and is tired

Trading hours:

6 days a week.

Employees:

1 full time plus owner P/T

Other information

Support & training:

Yes if required.

Furniture / Fixtures value:

$125,000 (included in the asking price)

Inventory / Stock value:

$500 (included in the asking price)

Related documents:

• 
• Pizza Oven

• 
• Donnair Machines