A well-established restaurant situated in a standalone building with ample parking space, located near a major highway. The restaurant serves multiple items from its well-tailored menu. It features a liquor bar and a private room for special events. A new owner can create a new food concept. The building and location are ideal for a chain restaurant.
- Asking Price:
- $3,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $831,915
- Cash Flow:
- $62,617
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Owned
- Premises Details:
-
Restaurant
- Size in square feet:
- 5,750
Business Operation
- Expansion Potential:
-
WITH AN EXPERIENCED 'HANDS ON OWNER' THE BUSINESS HAVE THE POTENTIAL TO GROW.
A CHAIN RESTAURANT CAN MAKE A GOOD USE OF THE BUILDING AND LOCATION
- Competition / Market:
-
TWO MAJOR RESTAURANT CHAINS IN THE IMMEDIATE VICINITY
- Reasons for selling:
-
Other interests
- Trading hours:
-
MON. - SUN 11AM- 9PM
- Employees:
- 15
- Years established:
- 6
Other Information
- Support & training:
-
2 weeks of training at no cost.
- Financing available:
-
Amount: $1,500,000
Interest: 7%
Term: 120 Months
Monthly Pay: $17,416
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $10,000 - included in the asking price
