WOW! You don’t often find it all in the restaurant business. If you ever wanted to own one, don’t pass this one up. Look at what you get:
Prime Location with great demographics, high traffic and visibility.
Experienced Staff in place.
It is relatively simple to operate. owner is hands-on, however.
Great profit and 2023 fully recovered from Covid. 2023 enjoyed an owner net over $200K!!!
Defined growth opportunity in the same footprint for an energetic owner.
If you have experience in the industry and the desire to make the ownership money yourself, you should look at this opportunity!
- Asking Price:
- $549,000 Furniture / Fixtures included
- Sales Revenue:
- $1,079,401
- Cash Flow:
- $187,785
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$48,000 per annum
- Size in square feet:
- 1,700
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 19
- Years established:
- 35
Other Information
- Support & training:
-
Owner will train in his business practices. Would even stay on long term in some fashion for the right situation.
- Furniture / Fixtures value:
- $75,000 - included in the asking price
- Inventory / Stock value:
- $10,000
