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Business For Sale
RESTAURANT
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Asking Price: |
$498,000
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 business |
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Year Established:
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2006 |
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# of Employees:
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6 |
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Yearly Revenues:
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$648,000 |
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Yearly Cash Flow:
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$129,000 |
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Yearly Gross Income:
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$648,000 |
Business for Sale Overview:
Location! Location! Location! Great Lease, With Beer And Wine License. Very difficult to start a restaurant concept in this area. A beautiful newly modeled restaurant seating 117 people is located near Ontario Mills. Located in a hi-traffic area across from Olive Garden, Red Lobster and other big restaurants bringing in a lot of traffic. Also near 5 major hotels (Holiday Inn, Marriott, Hilton, etc.). Very visible from the main street. Lots of parking spaces available. Lots of potential to increase sales, no advertising or marketing is being done. $129,000 annual net income, seller will prove. Due to the current owner’s other obligations, seller is extremely motivated. All offers are welcome.
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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