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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 |
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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