Business Overview
About the Company
**Ready for New Horizons: Your Opportunity to Continue a Culinary Legacy**
Nestled in the heart of Beverly, steps away from the iconic Cabot Theater, this 2,300\-square\-foot gem offers a fully equipped kitchen, ample storage, and updated electrical systems, setting the stage for an effortless transition\. ‘Established Mediterranean Delight’ is not just a restaurant; it’s a beacon of culinary tradition that has served the community with passion and authenticity\. As the current owner embarks on a new chapter, this is your unique chance to step into a turnkey operation and continue a legacy that patrons have cherished\. Embrace this rare opportunity to own a slice of the Mediterranean — right here in Massachusetts\.
**Detailed Information**
- **Inventory:** $2,500 Not included in asking price
- **Real Estate:** Leased
- **Building SF:** 2,300
- **Lease Expiration:** 6/30/2025
- **Furniture, Fixtures, & Equipment \(FF&E\):** $30,000 Not Included in asking price
- **Facilities:** Fully equipped kitchen\. Robo Coupe Blixer 23, dual fryer, grill, and two shawarma spits\. Ample refrigerators, walk\-in, and freezers\.
- **Competition:** Back East Grill stands out for Mediterranean cuisine in Beverly, Mass\. With authentic flavors, it has carved out a unique niche in the local dining scene\. We pride ourselves on offering a genuine Mediterranean experience\. Our commitment to using fresh, quality ingredients resonates well with health\-conscious diners seeking nutritious yet flavorful options\. Overall, Back East Grill’s distinct Mediterranean offerings, combined with its strong reputation and strategic market positioning, make it a formidable player in the local restaurant landscape\.
- **Growth & Expansion: PROs:** Back East Grill offers a taste of the Mediterranean with flavorful and nutritious dishes, appealing to health\-conscious consumers\. The Mediterranean diet is very healthy\. The restaurant has received praise for its quality and variety, with popular dishes like chicken kabob and beef kebab being highlighted by customers\. **CONs:** Expansion often comes with increased costs, which can impact profitability\. For example, additional staff and sourcing ingredients\. Ensuring the authenticity of the Mediterranean experience can become more challenging as the business grows\.
- **Support & Training:** Owner will facilitate training for two weeks\. Existing kitchen staff has extensive knowledge of Mediterranean cuisine, flavors, and the preparation of all the dishes\.
- **Reason for Selling:** After a period of reflection, I have decided to pursue my academic aspirations\.
