Owner Financing is Available!
Business Overview:
This is a great opportunity to own one or two established restaurants without all of the very expensive start-up costs. Both are located on high traffic retail/commercial areas with plenty of visibility and parking. Both stores have approximately 1400 square feet of space, both with a clean appearance. A new restaurant can cost up to $250k per location to build, which means you can own two locations for less than the cost of one new start-up!
The stores can be bought individually as well. Store #1 asking price of $169,000 (2010 sales of $409,000) and Store #2 asking price of $79,000 (2010 sales of $295,000).
We have prepared a full description of the businesses including all revenues, expenses and other important details. Fill out the information under "Contact the Seller" or contact the broker, Jim Noble, directly at 508-889-6444.
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:
Both locations have up to date and all modern equipment with approximately 1,400 sq. ft. each location. Each location has plenty of parking and are located on major routes.
Market Competition and Expansion:
New corporate advertising programs are due to be initiated after the first of the year. Also, the current owner does very little advertising or marketing. The new owner(s) can increase business by offering coupon programs to local businesses as well as in penny shopper newspapers to local residents. Sponsoring local sports teams, offering facility tours to groups and local schools and becoming active in local Chamber of Commerce groups are additional ways to increase sales and profits.
Reason for Selling:
Personal
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 a franchise resale opportunity.