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  • RE:  $135K Annual Profit! American Grill
  • Contact:  Mark Irion

Quick Facts

Asking Price: $185,000
Annual Revenue: $356,000
Net Profit: Not Disclosed
Cash Flow: $135,589
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 935359
Broker Reference #: 9525-219192

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Business Overview:

Super profitable restaurant selling for an unheard of 1.35X earnings means you make your investment back in just over a year. The Seller's desire to retire quickly has led to this ove 35% slash in the list price. Profits will soar when new owner utilizes the full liquor license by opening in the evenings, as currently the owner is only serving breakfast and lunch. If you've ever dreamed of owning your own old fashioned grill at the center of the Town of Warrenton's main street shopping district, the current owner's pending retirement is providing your chance! This town favorite restaurant currently enjoys a brisk breakfast and lunch crowd. Evenings also saw a robust crowd before he current owner's desire to slow down led to the grill being closed for dinner at present. The great news for a new owner with a desire to grow is that not only does this grill come with a full liquor license, but the town business leaders are encouraging the owner to reopen for dinner. Even with the current limited hours, this restaurant delivers consistent profits averaging more than $130,000 every year.

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Property Features and Assets:

Monthly Rent: $2,200.00

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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