This Family Restaurant has been in business since 1980. It is the go to Restaurant in the community of over 20,000. They have a excellent reputation of serving delicious Breakfasts, Lunches and Dinners. They are open 7 days a week so they are there for their customers.
- Asking Price:
- $225,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,563,071
- Cash Flow:
- $261,179
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This 5,500 sq ft restaurant seats 180 in a variety of seating arrangements to accommodate larger groups. It is very clean and up to date.
Business Operation
- Expansion Potential:
-
They are emerging from the pandemic and the business should continue in a upward pattern.
- Competition / Market:
-
This industry was impacted negatively during the pandemic but this restaurant did OK but now is coming back strong.
- Reasons for selling:
-
Retiring.
- Trading hours:
-
Mon-Wed 6am-4pm; Thurs-Sun 6am-8pm
- Employees:
- 10 FT/20 PT
- Years established:
- 42
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
This is a well run business. A new owner should be experienced in the restaurant business and have some management experience as well. This is a family restaurant so good people skills would help with the new venture.
- Furniture / Fixtures value:
- $278,430 - included in the asking price
- Inventory / Stock value:
- $16,105 - included in the asking price
