Business Overview:
This popular restaurant in a busy eastern central Indiana college town is a well-established fast food local brand, offering a wide range of hamburgers, breakfast food, salads, and other American fare. They have been established in this location since 1972, and have enjoyed many years of steady financial performance, even during rough economic times. Their affordable price point, popular menu, well known weekly specials and local community history make them a great opportunity for a savvy restauranteur wanting to step into a well-known financial performer.
This outstanding business has the following attributes:
* Strong history of revenue and profitability
* Visible, high traffic location on a major retail thoroughfare.
* Well known popular menu with famous weekly specials!
* Has a drive thru, in addition to a spacious dining area with seating to accommodate over 100.
* Affordable price point allows them to competitively serve their local market.
* Strong local brand name in the community.
* Recently Renovated!
The owner has built a financially established and strong business, and has identified several avenues for continued growth for a new owner operator. Financial performance is going strong for 2019 and year to date 2019 cash flow has already exceeded the total year 2018. This is an excellent opportunity for a new owner operator to step in and experience continued steady revenues and cash flow and get a great established restaurant that is well loved in its community.
The Seller owns the real estate. The business facility is approximately 3,223 square feet on 0.64 acres of land plus a storage building. The Seller is willing to sell the real estate for fair market value or lease it for terms to be negotiated. An assumed fair market rent is factored into the cash flow analysis.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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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