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Business For Sale
ETHNIC RESTAURANT
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Asking Price: |
$290,000
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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Retirement |
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Year Established:
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2004 |
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# of Employees:
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6 Full time /1 Manager |
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Yearly Cash Flow:
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$770,000 |
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Yearly Gross Income:
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$204,890 |
Business for Sale Overview:
This beautiful ethnic 105 seat restaurant sits on the second floor with balcony overlooking the St. Armands Circle. The thousands of tourists who visit daily may use the elevator to rest and look down onto all the foot traffic. A complete remodeling of the interior was just completed in 2006 and thus the reduced revenue for that time frame. The menu reflects classic American, Lebanese and a touch of Italian flair and taste. Owner will assist in the transition as needed but fully trained staff will stay. Please refer to listing number 7411363 and ask for Clay Bontrager when inquiring.
Property Features and Assets:
1,500 square feet main street building at $4,200 per month with available terms & options expiring on 12/31/2021.
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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