Business Overview:
This is a sweetheart deal for someone to own an established restaurant. This is a turn-key operation. Restaurant is currently open & has been in operation for 16 years. Here is the deal: A buyer will lease the building, property, & all the equipment for 5 years at $6,000 per month. A buyer will pay $100,000 deposit to insure owner of loss of equipment during the lease. At the end of the lease the buyer can renew lease or offer to purchase property. 100% of the security deposit will apply toward the purchase of the property at the end of the lease or be refunded.
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.
Market Competition and Expansion:
There are few restaurants in the area and this is the only sit down, full service restaurant around the hotels. This is the only restaurant in this area that serves alcohol. There is space in the restaurant to add a full service bar which will take advantage of all the hotel traffic in the area.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.