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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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With a 2,000 sq. ft. main building & 1,600 sq. ft. indoor training facility, this pet complex has a 30% profit margin and great potential for growth all within the fence line. The large facility has the capacity for 100 dogs for daycare. The dogs that stay in this facility can sleep, eat, and train all on the spacious property, playing and learning in the great outdoors. Daycare includes romps around the play field and sunbathing while training services feature obedience, scent work, puppy classes, as well as agility, rally, and more. Boarding is charged per night, while training is charged by the class. The owner currently oversees administrative tasks as well as acting as a lead trainer and will stay on board as a trainer if Buyer desires. The complex features a 2,000 square foot main building that contains the office, grooming facility, and boarding areas. There is an additional 1,600 square foot indoor training facility for obedience classes. The wide-open acres of the property allow the dogs to run, romp, and tussle in the sun and in the snow. The space also allows for unique training opportunities such as agility and scent work.Priced at $449,000, a 10% down payment of $44,900 returns $86,965 in the first year after debt payments – a 194% return on investment! This business features an incredible location for the services that they offer. Working to capitalize on the unique space as well as the incorporated training options could be an area of focus for growth. Targeted advertising may get the company in front of new clients and engagement on social media may generate excitement.
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Low rent, long lease, great income.
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