Owner Financing is Available
Business for Sale Overview:
This is a rarely seen opportunity in the restaurant industry. For over 30 years, this family run restaurant operates with few employees and has a wonderful record of financial success. If you are willing to work hard, this opportunity will provide financial success, pride of ownership, and even closes two days a week. The real estate is included and owner will train.
Purchasers for this restaurant should be financially qualified and be willing to work long hours on some days., although the restaurant does close two days a week. Growth could easily be attained by being open more than five days a week and staying open later, especially on weekend nights. A purchaser who purchases the business and continues to operate it as it has been for the past several years will enjoy the following benefits:
1.High income: The restaurant has been very profitable over several years.
2.Time Off: Unlike other restaurants that are open seven days a week, the owners enjoy two days off a week, and many long weekends, taking 4-5 days off at a time.
3.This business is run with very few employees.
4.Financial Security
5.No accounts receivable to collect or delinquent customers
Prospective purchasers to sign a non-disclosure and confidentiality agreement before information is disseminated. Please contact Tom Emerling for a non-disclosure agreement.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Restaurant has great access, is well located, excellent signage, and real estate is included in the asking price.
Market Competition and Expansion:
This restaurant stands out as the number one restaurant in its class throughout the area. Well known for it;s quality food and has little competition. Owner increased sales 20% last year despite the economy. As the business is only open five days awake, sales could be increased simply by being open another day or two.
Reason for Selling:
Owner 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.