Advice for Buying a Restaurant and Selling a Restaurant

We Sell Restaurants Sell Mediterranean Cafe in Georgia

Posted by Robin Gagnon on Oct 3, 2016 12:00:00 PM

 The Restaurant Brokers at We Sell Restaurants announce the sale of Seven Seas Mediterranean Café located at 124 Devore Road in Alpharetta Georgia.   

This Mediterranean and Greek Restaurant has been operating for over four years serving local patrons and businesses with their highly rated food and service.  The new owners, Nilesh Chheda and Maya Desai pledge to continue the tradition of great food and service to all their local customers, in addition to catering corporate and special events for man years. 

Steve Weinbaum, Certified Restaurant Broker at We Sell Restaurants, originally worked with the seller, Ali Moradi to determine the appropriate value and asking price for his restaurant.  They worked together to call out the strengths and high-points of Seven Seas Mediterranean Café, which was easy given all the rave reviews as well as strong year-over-year sales and revenue growth.  In less than three months, Steve had Mr, Moradi’s restaurant in contact and got it to the closing table soon after.  Both Buyers and Seller were very pleased with Mr. Weinbaum’s ability to work through the complex negotiations, coordinate with the landlord, and keep everything moving towards a successful closing.

The new owners of Seven Seas Mediterranean Café are no strangers to the Hospitality Industry or Mediterranean cuisine.  Mr. Chheda has owned many restaurants in his long and distinguished career and currently has interests in several great Wraps franchise locations throughout the Atlanta area.  Ms. Desai currently manages the great Wraps located at Lenox Mall but will be transitioning to being co-owner and operator of Seven Seas.

In addition to being a quick and inexpensive way to get a great Mediterranean meal consisting of Gyros, Falafel, and Souvlaki or if members of your group prefer a terrific salad, burger, or pizza, this restaurant has a beautiful outdoor patio for hosting special events.  Want to use your own venue….no problem….Seven Seas Mediterranean Café caters weddings, corporate functions and all other special events.  Whether you use Facebook, Google, Yelp, or Trip Advisor as your source for restaurant feedback, you will find rave reviews about the food and service at Seven Seas Mediterranean Café.  Great food, Service and Value is the norm plus people just love the outdoor patio.

Restaurant buyers are looking for all types of situations….second generation restaurant space where basics such as a ventilation hood, grease trap, and walk in cooler are in place, asset sales where business are priced based on the furnishings and equipment available to the buyer, but the most desirable scenario is where a restaurant has been open and running successfully for at least three years.  Cobb, North Fulton, and Gwinnett counties are particularly desirable and there is no shortage of interested and qualified buyers looking for profitable restaurants in these hot areas.

For a complete look at all of our profitable restaurants, franchises, as well as lease space available currently, visit our listings online at wesellrestaurants.com.

Visit Our Listings Online!

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Topics: Buying a Restaurant