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- RE: Amazing Breakfast And Lunch Restaurant-Ideal Locat
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $349,000 | |
| Annual Revenue: | $494,964 | |
| Net Profit: | $134,736 | |
| Cash Flow: | $134,736 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $175,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 200 | |
| Employees: | 6 | |
| BBN Listing #: | 935111 | |
| Broker Reference #: | 231115 |
Business Overview:
This Restaurant is a profitable business that has unlimited growth potential with just a few changes. They are only open five days a week –closed Saturday and Sunday – for breakfast and lunch. (Note: Closing on the weekends is unheard of in the restaurant business.) Just by opening on the weekends and expanding the hours to include dinner, sales could easily double. In addition, expanding the menu to include serving beer and wine would also increase sales.Over the years It has developed a great name and reputation that any business would love to have. They serve a varied menu of mouth-watering, Southern-comfort foods for both breakfast and lunch. Customers especially rave about their biscuits and gravy on the breakfast menu and their special, home-cooked pies on the lunch menu! This restaurant has a relaxed, welcoming atmosphere along with delicious, home-cooked dishes that keep customers coming back for more.One customer noted, “we absolutely LOVE this place. We’ve been coming for two decades and honestly, it feels like eating at a friend’s place. ”Their friendly staff, appetizing dishes, and inviting atmosphere make it the perfect spot for any breakfast or lunch outing. It is apparent that the owners also love their restaurant and thoroughly enjoy talking to their customers. In fact, they may be willing to stay on and continue working for the new owner as employees.Memorable breakfast dishes include: \'Eye Openers\' Hot off the Grill – Pancakes, Waffles, & French Toast, South of the Border –Burritos & Migas, Farm Fresh eggs –made to order Omelets, Oatmeal, Sandwiches, Diet Breakfasts, Sides, Specials Savory lunch menu items include: Soups & Salads, Appetizers & Side Orders, Diet Plates, Burgers, Sandwiches of all Types, Chicken, Steaks, & Sea Food, Chicken Fried Steak, Chicken, & Chicken Strips, Cod Fillet-Baked and Broiled, Ham Steak, Great Vegetable Plates AND MUCH MORE!Come to see the best restaurant in town.
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Property Features and Assets:
This restaurant is in a great location with high visibility in the heart of downtown Midlothian. It is 3,200 square feet and seats 88 people. The rent is $3,000 per month through December2024 and $3,250 through December 2025, after which there is a 5-year option to renew.
Market Competition and Expansion:
Competition: No other restaurants serving breakfast and lunch onlyGrowth & Expansion: Could easily double by opening on Saturday and Sunday and by adding dinner
Reason for Selling:
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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