Seller's Contact Information
- RE: Popular Breakfast & Lunch Diner In Boise
- Contact: Sheila Spangler
Quick Facts
| Asking Price: | $238,000 | |
| Annual Revenue: | $495,788 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $103,823 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $13,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 9 | |
| BBN Listing #: | 43254955 | |
| Broker Reference #: | 8304-16147 |
Business Overview:
This breakfast and lunch only, sit-down restaurant offers hearty fresh-cooked and tasty meals including omelets, biscuits and gravy, bacon and eggs, hamburgers, fries, sandwiches and more. Many customers have been coming to the restaurant since they were children. This local icon has multiple generations of regulars.
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Property Features and Assets:
The business has operated in the same location since its founding. All built in restaurant equipment is included. Assets = $13,000
Market Competition and Expansion:
According to IBISWorld, recent social trends such as busier lifestyles, heavier workloads and longer working hours, have helped boost demand for restaurant services and convenience food, as time-poor consumers seek to cut down cooking time and make better use of their spare time. Industry operators that are able to provide an efficient sit-down service may draw larger revenue as it enables them to provide a convenient service to time-sensitive individuals while increasing potential turnover. Also, restaurants have become more of a place for family get-togethers, special occasions and social meetings for cash-rich and time-poor consumers. According to IBISWorld, the Single Location Full-Service Restaurants industry's growth is expected to recover over the five years to 2025 as consumers increase spending on discretionary purchases, such as meals outside the home. The growth rate will begin to accelerate during the outlook period as growth in consumer spending is forecast to strengthen.Â
Reason for Selling:
The current owner has other business interests.
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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