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Business For Sale
REDUCED - RESTAURANT/TAKE OUT
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Asking Price: |
$640,000
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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Relocation/Other Business Ventures |
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Year Established:
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1993 |
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# of Employees:
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6 Full Time, 6 Part Time |
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Yearly Revenues:
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$1,200,000 |
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Yearly Cash Flow:
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$400,000 |
Business for Sale Overview:
This is an incredible landmark restaurant which has been in business since 1993 in the same location and with the same owners, customers both from residential and industrial businesses. It's a high energy atmosphere open 7 days a week with a wide variety menu to include breakfast, lunch and dinner, seats 90. It is very profitable from loyal customers and referrals, no advertising was ever needed to keep up the heavy flow of business, says the seller. Very well kept with new roof, AC units, new dining tables and decor and other constant additions per seller.
Seller will also negotiate parking lot/land that seller owns and which generates income. Not included in sales price of business.
Bank financing available. Call Gina/agent 480-305-4189.
Property Features and Assets:
2,700 Square Feet. Base Rent $4,495. Total Rent $5,495. Deposit $3,000.
Lease ends 5/08 with 1/5 option
Information provided by seller.
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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