This is a proven profitable restaurant with loyal clientele and an excellent reputation. It has consistent performance and year-round stability and is situated in an upscale shopping center with close proximity to the area's prime shopping hub. This turnkey operation has a trained staff, systems and infrastructure in place. Recently remodeled and in a prime high traffic location this is an opportunity to optimize and grow an already successful business. With cash flow from day one and a consistent operating history this is a rare find. The business has a full liquor license with a bar that seats 10-12 guests, a cozy area to wait to be seated at your table. The owner is looking for the right fit to continue their legacy.
- Asking Price:
- $279,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,410,000
- Cash Flow:
- $105,000
Property Information
- Real Estate:
-
Lease
- Location:
-
In a prime high traffic location near prime shopping hub
- Premises Details:
-
Recently remodeled with a fully equipped kitchen, it occupies approx 2,995 sq. ft. and seats 125+. The restaurant has a full service bar
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Business is open for lunch, dinner and Sunday brunch, New owner can easily add catering service
- Competition / Market:
-
All restaurants have competition. This is located in a prime restaurant area
- Reasons for selling:
-
Seller wishes to retire
- Employees:
- 10 F/T; 10 P/T
- Years established:
- 25 years
Other Information
- Support & training:
-
Seller is committed to smooth transition and will provide training assistance to ensure continued success
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Seller will provide financing with a substantial equity injection for a qualified buyer
