Family Style Restaurant - Seller Financing

Not Disclosed, NC
Randolph County


Asking Price: Annual Revenue:
$540,000 $1,266,419

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Family Style Restaurant - Seller Financing Broker: Joe Santora
Owner Financing is Available!
$360,000.00

Quick Facts

Asking Price: $540,000
Annual Revenue: $1,266,419
Net Profit: Not Disclosed
Cash Flow: $243,251
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 25
BBN Listing #: 12051612
Broker Reference #: 76761-417502

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Business Overview:

Family style restaurant opened for breakfast and lunch and doing over $1 million in revenue.

2019 Projected SDE of $243,251

Seller is offering financing at $180,000 down and $360,000 over 120 months as 7.5% interest with a monthly payment of $4,273.26

Included in the purchase price:

$200,000 FFE
$50,000 in leasehold improvements
$10,000 inventory

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Market Competition and Expansion:

Growth potential through expanding to dinner hours, increased catering, marketing, advertising, and social media.

Reason for Selling:

Health

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.

Relevant Links:

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