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Business For Sale
WELL-KNOWN SEAFOOD RESTAURANT WITH RE
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Asking Price: |
$1,350,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Corporate Divestiture |
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Year Established:
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1982 |
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# of Employees:
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6 |
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Yearly Revenues:
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$1,178,472 |
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Yearly Net Profit:
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$218,498 |
Business for Sale Overview:
Public company seeks to divest interest in 26 plus year old non franchise fast food operation. 3 units available, will sell as a group (see #351-08009) or as single units (see also #'s 351-08007 & 351-08008). Real estate (free standing building) on major commercial highway is included in price. Seller will lease/option. Audited financials. Territory manager. oversees the group, each store has a GM. No add-back has been made for replacing any management. Buyer prospect to provide financials.
Property Features and Assets:
1,204 square feet freestanding building included in sales price.
Market Competition and Expansion:
Unknown/Unlimited
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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