Profitable and Well Established Greek Restaurant in S F Valley

Great opportunity to invest in well established [opened in 1985, per seller] Greek/ Mediterranean/American Restaurant located in North San Fernando Valley. Conveniently located on very busy, heavily traveled street. Seats 35-40 persons. Restaurant offers breakfast lunch and early dinner. Sellers are semi-absentee, come to the restaurant a few times a week. Seller will finance with 50K down! Recently remodeled. Loyal and well trained employees. According to the seller, even during the COVID time when many businesses are going out of business, this restaurant is doing well. No marketing and advertising is done. Open 7 days a week. All equipment is paid off. Sellers are retiring. No liquor license. Many new opportunities for knowledgeable and entrepreneurial buyers. Good Yelp grades. If buyer [or a family] chose to work at the restaurant themselves, it's a great opportunity to make more money. Excellent lease terms and options. We are looking for buyers who are familiar with restaurant business. Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information per Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision making. Gross Revenue ~ 530-550K. Cash Flow ~56K. Monthly Rent 6,150. Location: Reseda, California Year Established: 1985 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 1,350 Rent: $6,125.00 Per Month Lease Expiration: 2/28/2026