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Business For Sale
RESTAURANT AND BAR
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Asking Price: |
$3,899,000
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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Retiring. |
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Year Established:
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1985 |
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# of Employees:
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40 full time |
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Yearly Revenues:
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$1,668,540 |
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Yearly Cash Flow:
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$511,439 |
Business for Sale Overview:
Beautifully maintained restaurant/bar in an excellent location on a very busy highway. Valuable Real Estate. Good Chain Location. Can build up 150 feet as per ordinance to accommodate a 3 story hotel site. Family owned and operated for over 22 years. Potential for growth and expansion of business.
Property Features and Assets:
Restaurant and Bar is 8,000 sq. ft. on a lot 200x540; 2.47 acres on a very busy highway with great access. Restaurant has seating for 280 plus patio
Market Competition and Expansion:
Bar and Restaurant has great potential for growth in a thriving area. Can built up 150 feet as per ordinance to accommodate a motel/hotel site.
Additional Details:
- The property is owned.
- 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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