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.
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