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Business For Sale

MAZE, AN AMERICAN GRILL - RESTAURANT & CATERING

Attn: Gary Stehle
Lafayette, IN, USA
Listing Number: "C-1486-GS"
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Asking Price: $299,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Current owners wish to pursue other interests.
Year Established: 1997
# of Employees: 17 Full/9 Part
Yearly Revenues: $845,187
Yearly Cash Flow: $123,069
 

Business for Sale Overview:

Maize, an American Grill is an established, well-known upscale restaurant & catering business in Lafayette, Indiana. It has been in business almost 10 years. Maize is a full service, 130 seat restaurant and bar. It is very popular with locals and corporate executives. Open for dinner only 7 days per week. The owners recently took over the second floor of the building for catering and parties. It is capable of handling parties of up to 300. Maize, an American Grill is located in the River Redevelopment District and the new owner would need to obtain a River Redevelopment liquor license which would cost less than $2,000, according to the current owner.


Property Features and Assets:

Approximately 5,000 square feet at $4,125 per month with 10 years left on the lease.


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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