Business Overview:
Restaurant and rental property with seller financing (property is available through seller)....Selling business, included is two buildings that business is in Rental Apt. above business and townhouse next to business and building behind approved to expand to. Includes 7 day 2:00 license and all inventory and equipment. all up dated electric phase three, Most of the equipment has been replace in the last 3- 5 years some in the last year. Owner will hold financing at low interest rate of 5.5 first 3 Years adjusted to 6.5 for rest of time. Gross For last 5 years Between 394,000.- 516,000 real property, furniture, fixtures and inventory is worth over a million dollars and the real estate alone is worth the asking price...don't miss this chance! The owner will stay on board throughout the transition and will be available at no extra cost for up to 6 months to help manage the bar. Business available for $300,000 with option to purchase property. Only steamed crabs with in a 15 block area. Property available through seller.
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.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: