Business Broker.Net | Connecting Business Buyers and Sellers

Place a Business For Sale Listing! We are a leading classified advertising service designed to help our users buy or sell a business. Our database of businesses for sale, franchise opportunities, and business brokers connects you to a wealth of business opportunities and resources. Buy or sell a business today!

Business For Sale

QUAINT SMALL TOWN RESTAURANT, R/E AVAILABLE

Attn: Gary Stehle
Central Indiana, IN, USA
Listing Number: "A-N711-GS"
Print this Listing
Contact Business Seller

Asking Price: $95,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Other Personal Interests
Year Established: 2005
# of Employees: 12 Full Time
Yearly Revenues: $364,385
Yearly Cash Flow: $59,468
 

Business for Sale Overview:

Quaint small town restaurant with a big city quality, service and atmosphere. This is truly a restaurant that any restaurateur would be proud of calling their own. Situated on approximately one acre of ground is the 11,000 square feet restaurant with ample indoor and outdoor seating and ample parking. Restaurant includes bar, banquet facilities, as well as veranda and patio seating. This is truly a must see opportunity! Besides the current owners, there are 12 full-time employees. With exception of the current executive management, it is not anticipated that there will be any employee turnover resulting from the sale. The real estate is owned by the seller of the business. There is approximately 1 acre of land. The building is approximately 11,000 square feet. The seller is willing to sell the real estate at fair market value or lease it for terms and conditions to be negotiated prior to closing. Should the purchaser elect to lease, the Seller is willing to provide the seller with a first right of refusal. The equipment is in good condition. A detailed schedule of assets to be included in the sale is available upon request. The owner is in the process of going through seminary school and does not have enough time to oversee the business. The seller is willing to train and transition the Purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition. The asking price of $95,000 includes approximately $150,000 of Furniture, Fixtures & Equipment. Real Estate is also available at Fair Market Value. The purchase price does not include inventory of approximately $15,000 to $20,000 valued at the seller’s cost. Motivated Seller!


Property Features and Assets:

11,000 square feet building available for purchase or lease.


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.

« Back to Top » Contact this Seller

To contact the seller of this specific business for sale please complete and submit the following form.

First Name:*   
Last Name:*   
Email Address:*  
Phone Number:*   
Address:  
City:*   
State/Province:*   
Country:*   
Zip/Postal Code:*   


Please provide any additional details:

* Indicates required field.

Yes! I would like to receive the BizOpp Journal, the official newsletter of BusinessBroker.net! BizOpp Journal Newsletter

Yes, I agree with BusinessBroker.net's Business Buyer User Agreement.