Business Overview:
Long established breakfast and lunch restaurant. Full service, great location with high traffic count on major highway. Turn-key and ready to go. Seller spread thin with multiple business interests and ready to cut back. Perfect for an Owner/Operator or Husband & Wife team. 2019 annual sales were $365k+/-. 2020 COVID sales down 22%+/- but 100% forgiven PPP proceeds of approximately $18k+/- put Owner Benefit within $10k of 2019. 2021 sales running 19% ahead of 2019 through May. Business tracking to do over $400k this year. 2021 Owner's Estimate below based on 19% sales growth over 2019 and projected 18% total Owner Benefit. Final results may vary. Excellent opportunity to take full advantage of the post COVID resurgence of the retail and food service sectors.
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Property Features and Assets:
Inventory: $500 (Included in asking price).
Lease/Month: $3,802. Square Footage: 2,067. Building Type: Strip Plaza. Terms & Options: 5 year option. Expiration Date: 6/3/2022
Reason for Selling:
Focusing on other business.
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 not a franchise resale opportunity.
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