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- RE: Family Friendly American Restaurant Seller Fin.
- Contact: Joe Santora
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $920,603 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $156,061 | |
Total Debt: | Not Disclosed | |
FF&E: | 100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | 19 | |
BBN Listing #: | 58051612 | |
Broker Reference #: | 76761-758127 |
Business Overview:
Greensboro family friendly American restaurant established over 15 years.
Great location, high growth area. This restaurant is conveniently located in a shopping center with anchor stores and is open for breakfast, lunch, and dinner.
3,200 square foot facility. Two years remaining on lease with 5 year renewable options.
2021 SDE $156,061
Seller will accept an outright purchase price of $225,000 or a Seller financed offer of $300,000 with $75,000 down and $225,000
financed over 120 months at 7% with a principal and interest payment of $2,612.44
This restaurant has been established for 18 years and in its current location for 16.
ABC license, additional menu items, menu increases, expansion of hours.
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Reason for Selling:
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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