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Business For Sale
POPULAR FAMILY RESTAURANT IN FARM
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Asking Price: |
$135,000
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, owner wants to semi-retire |
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Year Established:
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1995 |
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# of Employees:
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10 |
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Yearly Revenues:
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$250,000 |
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Yearly Cash Flow:
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$40,000 |
Business for Sale Overview:
Established family restaurant has been a fixture in the local community for 12 years. Extensive menu of popular food choices at attractive prices. Liquor license available – has Lounge area with walk-in cooler, 3-keg tapper, bar glass washer/sink and bar with stools. Outside area for beer garden or outside dining. Many possibilities for growth. Located south and east of Peoria. Real Estate included.
Property Features and Assets:
3000 SF Restaurant plus 900 SF underused lounge located in downtown area of a rural community. Seating for 103. Masonry building with 6-year-old roof. 2 furnace/AC units. Large restroom facilities. Extensive stainless steel kitchen equipment and freezer/cooler capacity. Lounge area with walk-in cooler, 3-keg tapper, bar glass washer/sink and bar with stools. Outside area for beer garden or outside dining.
Market Competition and Expansion:
Competition: The business is firmly established near popular local shopping areas and is the only family dining facility in the area. Growth/Expansion: Re-open Lounge and modify building to draw more business into the lounge area. Expand hours. Make Beer Garden.
Additional Details:
- The property is owned.
- 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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