Buffet Restaurant Sales up 11% 2008 For Sale

Business description

Sales are up 11% for first 6 month of 2008 over same period in 2007.This 20 year old buffet style restaurant primarily for lunch Tuesday-Sunday and Friday night serving approx. 1,100-1,500 customers per week. It is a well known location for broad range of customers from professionals to families. It is located near a major interstate and captures travelers going East plus loyal local customers. Good food, casual atmosphere, and location make it a great place to eat and visit with friends. Excellent family operation with free time. Ample opportunity for growth.Real property is included.Sales and profits have increased for the past several years.

Property information

Lease terms:

Seller owns the real property. It is .94 acreas with 4,000 sq. ft. building built in 1987 with seating capacity of 160. There is ample parking with room to add a drive-thru for ever increasing take-out orders.

Location:

Business is located on a major street close to interstate. Lots of businesses in the area that serve as customer base for the restaurant.

Other information

Expansion potential:

Open more hours; advertise as owner does not; add drive-thru window and catering.

Competition / Market:

One cafeteria location plus some fast food

Support & training:

Yes, from owner

Reasons for selling:

Wants a change after 20 years.

Trading hours:

11-3pm

Furniture / Fixtures value:

$50,000

Inventory / Stock value:

$3,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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