The owner is ready to retire, this established restaurant of over 20 years, the owner is ready to retire and hand off this incredible opportunity to a new buyer. Owner finance is available to an approved buyer for up to 50%. Quite easy to expand by adding breakfast and catering. Priced to Sell Quick! Fully staffed.
- Asking Price:
- $139,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $432,828
- Cash Flow:
- $80,690
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Fully equipped restaurant with a 30-foot hood, 1000-gallon grease trap, beer, and wine, walk-in cooler, and walk-in freezer.
- Size in square feet:
- 1,750
Business Operation
- Expansion Potential:
-
Offer Breakfast, Catering services to local offices in the area, add ghost kitchens, make a social media presence, and send out postcards to local businesses and residents of specials. email business of daily specials.
- Competition / Market:
-
Growth in the area with new developments, a new anchor store coming soon, ample parking.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday - Sunday
- Employees:
- 8
- Years established:
- 2002
Other Information
- Support & training:
-
Owner will train for 2 weeks, no cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
50% Down to approved buyer
- Furniture / Fixtures value:
- $90,000 - included in the asking price
- Inventory / Stock value:
- $3,000 - included in the asking price