Busy highly profitable Restaurant
| Asking Price: | $400,000 | Inventory: | $30,000 ++ |
| Gross Revenue: | $655,000 (comments below) | Real Estate: | $150,000 ++ |
| Cash Flow: | $95,000 (comments below) | FF&E: | $20,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: gross revenue from other business avail | |||
| Cash Flow Comments: additional 97000 cash flow available | |||
Popular restaurant located on a busy hiway with mostly local clientele. Location is in Canadian,TX. General business slowing has had only minor effect on this business. Living quarters are included in the real estate. A large house is available for additional investment.
About the Business
Year Established:2001
Employees:5 full time - 17 part time
Facilities:The building has about 3500 sq ft according to the owner. Building is in good repair. Ample parking is available.
Market Outlook and Competition:No new competing businesses have opened recently nor are any others expected.
About the Sale
Management Training and Support:reasoable
Reason For Selling:other opportunities near family
Seller Financing:OWC up to 1/3rd the purchase price with good credit.
Purchaser will recover total investment in under 3 years with current conditions.
KEYWORDS: food,drink,sportsbar,entertainment,banquets private club,
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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