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Business for Sale Overview:

The owners of this 1,300 Square Feet restaurant, also own multiple locations with the same name and concept. This is a great location, but it is now competing with one of the newer locations in a nearby town. The setup is in impeccable condition, offering 16 seats out front, beautifully decorated and equipped interior, and a professional kitchen line, which can accommodate any dining concept, including: Hot and Cold Meals, Sandwiches, and Catering, Trattoria or Bistro, Breakfast and Lunch Cafe, Casual Quick Service Foods, Ethnic Dine In/Take Out, and Many Others. This location has been open, successfully, for 7 years, and is currently grossing $500,000 per year. 3 years remain on the first lease term, plus two 5 year renewal options. Current rent is $3,200 monthly, plus $6,800 annually for real estate expenses. The discounted asking price of $175,000 is in lieu of a new owner bringing his/her own concept to the location. You cannot maintain the current concept or its name. The seller will consider all reasonable offers.

Property Features and Assets:

Fully equipped, and located in very high traffic, much saught after location.