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- RE: 50 Year Old Plus Iconic Restaurant
- Contact: Michael Shea
Quick Facts
Asking Price: | $1,300,000 | |
Annual Revenue: | $1,530,464 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $410,370 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1934 | |
Employees: | 24 | |
BBN Listing #: | 938811 | |
Broker Reference #: | 3353573228 |
Business Overview:
This decades old restaurant is an icon for the community it resides in. Outstanding customer loyalty that spans generations it is a community icon and destination for families returning to town. The choice for home cooking and comfort food it has an outstanding location, plenty of parking and seating of almost 100. Highly confidential, super clean books, Ownership works in management only limited hours it is a great investment opportunity or active ownership play for the experienced culinary pro. Highly Confidential. Brokers should instruct prospects as to importance of confidentiality. Please refer to listing 3353573228 and advisor Michael Shea when inquiring.
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Property Features and Assets:
January 31, 2029, 12:00:00 AM | |
negotiable |
Reason for Selling:
Retirement
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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