Seller's Contact Information
- RE: Delightful Dining, Effortlessly Managed #664242
- Contact: Mary Wynn
- License #: 20112074
Quick Facts
Asking Price: | $775,000 | |
Annual Revenue: | $1,179,684 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $261,178 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 17 | |
BBN Listing #: | 699363200 | |
Broker Reference #: | 664242 |
Business Overview:
We are truly excited to bring this well-known restaurant to the market. This full-service restaurant has it all: stand-alone building in unique location, huge outdoor space that has recently been upgraded, unbelievable lease terms and it is run absentee with a healthy profit! This is a great opportunity for and investor who has the passion for the industry or an absolute gold mine for a hands-on operator. Well-crafted menu that is built to be simple but delivers high quality to the customers and it has been loved by the community for going on 10 years. Recent upgrades of over $200K have just been completed and the expectation is to recoup that investment in the first year! This is one that you will want to get in before the good weather gets here. Call today for an NDA so that we can tell you all about it.
**Financials advertised are pro-forma based on an owner operator.
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Property Features and Assets:
Stand-Alone building in a very unique location. Seating for 120 indoors, plus another 50 outside with a dedicated parking lot.
Market Competition and Expansion:
Due to the location of this restaurant there is very minimal competition. Growth is already on the horizon due to major upgrades made to increase seating. Buyer will reap the benefits of the months long project that is finally done!
Reason for Selling:
Other business ventures
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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