Rare Opportunity - First time offering - Restaurant for Sale. Same owner for 35 years. Major highway location with over 35,000 commuter cars per day. Popular watering hole for commuters on the way home from work. Seats 200 people, Grosses over $500,000 per year, and is only open 20 hours per week! Popular downtown waterfront area. NOTE: Due to the Confidential Nature of business,NDA,Brief Bio and Financial Information Required. Please refer to listing number 401-00660
- Asking Price:
- $275,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $572,000
- Cash Flow:
- $127,804
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$60,000 per annum
- Size in square feet:
- 3,000
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
M-Sa 6-9
- Employees:
- 25
- Years established:
- 35
Other Information
- Support & training:
-
Seller will train for 2 weeks at no cost
- Furniture / Fixtures value:
- $150,000 - included in the asking price
- Inventory / Stock value:
- $25,000 - included in the asking price