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Business For Sale
FAMILY RESTAURANT
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Asking Price: |
$85,000
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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Relocating |
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Year Established:
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1978 |
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# of Employees:
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1 Full Time / 11 Part Time |
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Yearly Revenues:
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$144,000 |
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Yearly Cash Flow:
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$18,200 |
Business for Sale Overview:
Business has been in the downtown area forever. It is well known for breakfast and lunch. New 55 unit condo going up one block away. Loyal customer base. With new energy and a updated look revenue could increase dramatically.
Growth and Expansion: As well as an updated look an opportunity to expand hours with menu and coffee shop atmosphere would fit well with the downtown feel.
Support and Training: 30 days for new owners.
Market Outlook: Downtown Anoka is in a growth expansion and commercial lease in the downtown area is up. With many projects in construction and other schedule the future looks bright. “Opportunity favors those who seize it”.
Property Features and Assets:
1,200 square feet.
Lease: Open, currently $1,500 per month.
Market Competition and Expansion:
As well as an updated look an opportunity to expand hours with menu and coffee shop atmosphere would fit well with the downtown feel. Downtown Anoka is in a growth expansion and commercial lease in the downtown area is up. With many projects in construction and other schedule the future looks bright. “Opportunity favors those who seize it”.
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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