Business Overview:
This owner is ready to begin a new career and is highly motivated to sell this restaurant. Gross sales and cash flow numbers above are 2011 YTD. At this price, it will move fast.
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:
Stand alone building with an estimated 3,300 square feet. Dining area seats approx 120. Seller is 2.5 years into a 5 year lease with a 5 year renewal option. Seller spent over $100,000 in 2009 for all new kitchen equipment - vent, walk in freezer, walk in cooler, stainless steel everything. $19,000 new POS system. $16,000 new AC unit on roof. Multiple flat screen TV's throughout.
Seller is willing to train if needed for 6 months at $1,500 per month.
Market Competition and Expansion:
Great location next to high end grocery store.
Reason for Selling:
Please ask.
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: