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RE:  Great Restaurant In A Rural Comm.-Very Profitable Contact:  Teresa Farrell

Quick Facts

Asking Price: $1,050,000
Annual Revenue: $2,155,000
Net Profit: Not Disclosed
Cash Flow: $475,628
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 40
BBN Listing #: 73334955
Broker Reference #: 8104-17970

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Business Overview:

Stand alone American grill. Great food and employees. Been is business for over 40 years. Did really well through the pandemic and has stood the test of time. Very profitable, owners oversee the business and do not work in the business. This is a fantastic opportunity for a buyer with restaurant background. Owner will carry contract for the right buyer.

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Property Features and Assets:

Stand alone building with a great location. Seller will do a 2 year lease with an option to purchase the building. Will do longer lease terms if the buyer is not interested in purchasing the property in 2 years. Assets = $170,000

Market Competition and Expansion:

This restaurant has very little competition in the area. The city that this restaurant is located in is going rapidly.

Reason for Selling:

Owner is retiring.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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