SOLD – Mediterranean Cuisine with Lunch Buffet
Gorgeously built-out authentic Mediterranean restaurant located in North Dallas is now available for acquisition. This business occupies a 3,327 SF space of end-cap space of a premier mixed-use development which features gorgeous build-outs with an elegant interior and is located nearby the main highway of the city with consistently heavy traffic as well as densely populated neighborhoods filled with high-income individuals and many retailers. Spaciously and the beautifully built dine-in area also features a full buffet table, a private party room, and a mini kiosk/bar which can be utilized in the future as a revenue generator. Various menu items are provided at this business that can range from the buffet (only available for lunch), appetizers, soups & salads, Kabobs, combo platters, sandwiches, burgers, and baskets, specialty pies, desserts, and coffee & beverages. Most of the customers are individuals from the nearby densely populated residential neighborhoods filled with a large community of middle-class Asian and Middle-Eastern Asian population, so there is such a high demand for Middle-Eastern cuisine in this area. Few competitors are within the immediate market area, this is a one-of-the-best Mediterranean restaurant that offers a variety of quality Mediterranean food with over 50 menu items of authentic Mediterranean cuisine that is by far superior to any other Mediterranean restaurant in the area in terms of high-quality products, services, facility, and affordable price point. Although no marketing is in places other than its website and Facebook, various marketing tactics need to be utilized, such as more online and social media outlet presence, direct marketing, coupons, daily special, etc. to acquire new customers in the untapped parts of the area. Marketing efforts on catering services to schools, companies, public agencies, etc. can also greatly improve sales as the catering business has remained untapped by the current owner. Currently, full management is in place at the operation by 2 part-time partnership owners, and the business requires at least 1 full-time owner to fully manage and operate the business. This business has done very well with its groundworks, poised for next-level growth. A potential buyer must put a lot of effort into promoting the business to expose itself to local customers by proactive marketing as very minimal marketing is in place now by the current owner.