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Business For Sale
AMERICAN RESTAURANT 2291
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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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Other Interests. |
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Year Established:
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2003 |
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# of Employees:
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25ft/5pt/2mgrs |
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Yearly Cash Flow:
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$547,403 |
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Yearly Gross Income:
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$2,199,473 |
Business for Sale Overview:
***LENDER PRE-QUALIFIED, 20% down*** LOCATION, LOCATION, LOCATION. Waterfront restaurant recently remodeled. Menu includes continental cuisine emphasizing seafood and steaks as well as a full bar. Seats a total of 275 including approx. 125 seats on attractive, covered outdoor patio. Avg. lunch ticket $15/person, dinner $35/person. Great special events venue provides for additional revenue stream as does outside bar. 2007 financials in process estimated GS $2.4mil. Currnetly do very little advertising.Please refer to Listing # 747-2291 Broker # 45 when inquiring.
Property Features and Assets:
Waterfront, 5,090 sq. ft.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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