Owner Financing is Available
Business for Sale Overview:
Once in a lifetime no risk, turnkey opportunity! Restaurant/Bar/property has been in business for over 30 years and is well established and known for it's excellent seafood and weekly specials. Owner is offering an extremely attractive package for potential buyers. Owner is including all fixtures and equipment, the real estate, inventory, liquor license and outdoor seating approval as part of the sale for $780,000. Owner financing is available as well up to 80% loan to value at 7.75% fixed rate for 15 years and no payments for one year from date of purchase. The real property, furniture, fixtures and inventory is worth over a million dollars and the real estate alone is worth the asking price. Don't miss this chance! The owner will stay on board throughout the transition and will be available at no extra cost for up to 6 months to help manage the bar. Business available for $300,000 with option to purchase property.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
owner is retiring
Additional Details:
- The property is owned.
- The owner is not willing to train/assist 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.