Stand alone American grill. Great food and employees. Been is business for over 40 years. Did really well through the pandemic and has stood the test of time. Very profitable, owners oversee the business and do not work in the business. This is a fantastic opportunity for a buyer with restaurant background. Owner will carry contract for the right buyer.
- Asking Price:
- $1,050,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,155,000
- Cash Flow:
- $475,628
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Stand alone building with a great location. Seller will do a 2 year lease with an option to purchase the building. Will do longer lease terms if the buyer is not interested in purchasing the property in 2 years.
Business Operation
- Expansion Potential:
-
The city that this restaurant is located in is going rapidly.
- Competition / Market:
-
This restaurant has very little competition in the area.
- Reasons for selling:
-
Owner is retiring.
- Trading hours:
-
Saturday-Sunday 8am-9pm
- Employees:
- 21 FT/19 PT
- Years established:
- 44
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Furniture / Fixtures value:
- $150,000 - included in the asking price
- Inventory / Stock value:
- $20,000 - included in the asking price
