Fast Casual Eatery With Locations For Sale

Serving hotdogs to hamburgers, chicken to seafood, this fast
casual diner prides itself on their fan favorite menu. Since the
early 90’s, this multi-location snack shack has been serving
customers located between two colleges and throughout the
Plattsburgh community and surrounding areas. Over the last
10 years owner has spent less time in operations and more
so on overseeing accounting. Staff includes 2 tenured cooks
who have been with the company for 2 decades, 3 full-time
front of house associates, and 15 part time employees.
Included in the purchase of this business is $680,036 in
assets which include the furniture, kitchen equipment and
travel trailers for catering events. After providing service for
over 30 years, the owners are looking to sell in order to plan
for their retirement. They are willing to train the new owner
for up to a year and have offered to carry 10% of the
purchase price to show that they trust the future success of
the business! This business is primed for new ownership
with many opportunities to grow. A new owner could add
another form of payment, expand into internet sales, or
incorporate a delivery service as a form of increasing
revenue.
Priced at $945,000, both locations are designed in a
comfortable and convenient way. There is an outside patio
that allows for an open environment where customers can
enjoy their favorite foods and hang out with friends or family.
The business also has a popular homemade sauce that
could be jarred up and sold separately to reach a wider
clientele. A 10% down payment of $94,500 returns $193,816
in the first year after debt payments!