Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$250,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Health reasons.
Year Established:	1936
Yearly Cash Flow:	$78,503
Yearly Gross Income:	$498,504

Business for Sale Overview:

Great opportunity to become a 50% partner in three restaurants. Seller needs to buy out partner for $450,000 fast. This opportunity includes real estate which is being carried by a third party. All management and employees in place. Current owner open to a full buy out now or in 2-3 years if desired. This opportunity is $450k for 50% partnership now. The restaurants are similar to Dennys or Coachmans in Salt Lake City in menu items. Growing revenue due to new developments. Currently, approximately $258,000 cash flow annually after expenses. Seller will stay on in his working capacity and work with purchaser as negotiated. Seller very flexible, except on the price. This price well below market value. Just to reproduce one location with the real estate is estimated at $1,600,000. This great opportunity will not last long. Only serious purchasers/investors with the cash reply. Good books and records. Future buyout of the businesses and/or real estate of seller's 50% can be negotiated up front. Seller's desire is to relocate out of state in approximately 2 to 3 years.

Property Features and Assets:

Historic 'mom and pop' diner. Gateway to hunting, fishing, camping.

Market Competition and Expansion:

Area is growing due to new industry area.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This may become a homebased business opportunity.
• This may become a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.