Community Restaurant and Bar serving burgers, wings, salads, sandwiches, fish and more. The bar is the local "Cheers", where people from neighboring communities gather for laughs and good times.
- Asking Price:
- $324,900 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $972,148
- Cash Flow:
- $171,494
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The Restaurant, which seats 132 people. is located in a small strip mall. They are 3 months into a 3 year lease with an option for an additional 3 years.
Business Operation
- Competition / Market:
-
Like any restaurant, there are multiple competitors within a 3-mile radius. Only one nearby restaurant has similar food offerings, however, the menu is pricier and the location is in a traffic congested area.
- Reasons for selling:
-
Personal Reasons.
- Trading hours:
-
Tues-Wed 11am-9pm; Thurs-Sat 11-10; Sun 10-8
- Employees:
- 4 FT/15 PT
- Years established:
- 5
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$35K down/$100K over 120 mos. @ 6.50%/Other Financing.
- Furniture / Fixtures value:
- $32,000 - included in the asking price
- Inventory / Stock value:
- $5,600 - included in the asking price
