Seller's Contact Information
- RE: Profitable Breakfast Restaurant - Est 30 Yrs.
- Contact: Becky Smith
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $770,262 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $9,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1991 | |
Employees: | 16 | |
BBN Listing #: | 118251531 | |
Broker Reference #: | FANREMAY |
Business Overview:
Profitable and highly successful breakfast restaurant. A huge built-up customer base that is 30 years in the making and still growing. Many parents who came here as kids are bringing their kids now. Generation tested and approved.
Great food, friendly service, and a warm family atmosphere all help to make this the place to go for American cuisine with the emphasis on “Top of the Hill Great Breakfasts,”. Of course, this restaurant is fully equipped with a big type 1 hood system, walk-in refrigeration, and a six-figure annual net income.
If serving breakfast is your thing then you should know that this restaurant business is established and turnkey, you will enjoy making good money from day one.
But if you want to put more on your plate $$$ wise, profits we’re talking here. There are ways to increase the sales such as currently the menu is only served until about 1:30 every day. That means late lunch money and dinner sales are NOT happening.
Currently, breakfast sales make up about 80% of the sales. Also, there is NO delivery being offered, NO marketing or advertising being done NOT even a WEBSITE. How about even just marketing for the brunch $$$ on the weekends? So yes, there is some very good food money left outside the front door. So instead of the current annual $700,000 the sales (which is outstanding) here could be pushing $900,000 or even a million.
Here are some more condiments for your business plan, this restaurant is about 4,100 square feet and has an open floor plan, 100 plus seating, lots of free parking. Talk about an excellent setup for live entertainment, or even renting out this space for weddings or other memorable parties & events. Lots of catering space too.
All equipment is owned, in good working order, and is included in this sale price. The lease has life left on it and the landlord is willing to give the new owner of this restaurant a long-term lease.
This is a great business opportunity the owner just wants to hang up his apron and retire. We encourage you to stop on by for breakfast and coffee to see how good this apron fits ya!!
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Property Features and Assets:
The monthly lease with the triple net is $5,900. The lease is assignable and the landlord is willing to give the new tenant a long-term lease. Has 4100 square feet, 100 plus on the seating capacity. Big open floor plan. Fully equipped kitchen with type 1 hood system and walk-in refrigeration. Has a parking lot and lots of other free parking also. 30 years established at this location.
Market Competition and Expansion:
Menu stops serving at about 1:30 every day so late lunch money and dinner sales are NOT happening. Also, there is NO delivery being offered, NO marketing or advertising being done NOT even a WEBSITE. This big open floor plan lends itself well to live entertainment or renting out this space for weddings or other parties and events. Plenty of room to cook up some catering sales. So if the energy and desire is there, there is lots a more potential money to be made. Limited competition in the area.
Reason for Selling:
Owner wants to retire
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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