This restaurant is in a great location and ready for a new owner to take it to the next level. They are currently closed 2 days per week and have reduced hours due to the owner being ready to retire. Room for quick growth by extending hours of operation. They also have not yet implemented delivery services like Door Dash or Uber Eats which should also quickly boost sales. Call or email for more information.
- Asking Price:
- $119,000
- Sales Revenue:
- $319,035
- Cash Flow:
- $44,333
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Square Footage: 2,500
Monthly Rent: $3,360
Lease Expiration: 2026
Build Out Cost: $100,000
Business Operation
- Expansion Potential:
-
Increasing hours and days of operation and adding delivery services should yield quick growth.
- Competition / Market:
-
There are not many similar restaurants nearby, but they are located next to other restaurants which bring in new potential customers due to the high traffic.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Wednesday - Sunday 11am-8pm
- Employees:
- 5
- Years established:
- 2006
Other Information
- Support & training:
-
Negotiable
