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Business For Sale
POPULAR RESTAURANT
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Asking Price: |
$195000
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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Retirement. |
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Year Established:
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1993 |
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# of Employees:
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9 FT 3 PT |
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Yearly Revenues:
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$500,000 |
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Yearly Cash Flow:
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$50,000 |
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Monthly Payroll:
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$12,000 |
Business for Sale Overview:
Very nice, large, 15 year old restaurant is open for lunch and dinner Monday through Saturday. Restaurant is very good size with a seating capacity of 160, 100 in main dining room and 60 in meeting room. Restaurant is very popular and it has a large base of loyal repeat customers that love the menu items. Seller will thoroughly train new owner on this very easy to own and operate business. Seller will also share his great recipes. Seller is ready to retire and is motivated to sell. Seller is open to offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see this really nice restaurant, taste the food, be impressed, make offer.
Property Features and Assets:
4,800 sq. ft.
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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