Business for Sale Overview:
Very profitable Restaurant. Owner are ready to retire both because of health and age. The business has been in the family for 34 years. The buyer must have solid experience in managing a restaurant. When they were open 7 days a week they were doing over a million a year. The new owner would be wise to open 7 days a week.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The building occupies 3,887 square feet. They have seating for 119. There is a small parking area in front of the building, the majority of the parking is in the rear. There is a very large lot in the back. Total parking is over 75 plus cars. The lot size is .66 acres. The annual real estate tax is $9,397.40.
Market Competition and Expansion:
This business is located in a business district surrounded by many homes. When they were open 7 days a week they gross was over $1MM a year. for a time they closed 2 days a week and now it is only closed 1 day a week on Sunday. That used to be their best day.
A new owner should be open 7 days.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.