Greek Restaurant For Sale

Description

Greek restaurant for sale in Davis Square, Somerville. The business operates from a visible location with indoor dining, outdoor seating and access to a dedicated parking lot.

Business profile

• Greek restaurant concept
• Davis Square location
• Existing local customer base
• Strong online review history, according to the seller
• Indoor and outdoor seating
• Dedicated customer parking
• Existing restaurant equipment
• Additional storage space

Location

The restaurant is positioned in a busy Somerville commercial area with strong pedestrian and vehicle traffic.

The dedicated parking lot is a notable operating advantage in an urban market where customer parking can be limited.

Operations

The restaurant is already equipped for continued operation and includes storage space that supports inventory, supplies and day-to-day kitchen needs.

A buyer may continue the current Greek concept or evaluate other permitted uses subject to the lease, landlord approval and local licensing requirements.

Growth

• Increase catering
• Expand delivery sales
• Extend operating hours
• Increase local and digital marketing
• Promote outdoor seating during warmer months
• Develop additional group and event orders

Due diligence

Buyers should verify historical financials, current sales and profitability, lease terms, parking rights, outdoor seating approvals, equipment ownership, storage arrangements, online account ownership, food and labor costs and any customer deposits before closing.