< Previous
Result 9 of 31 Next >
Family Restaurant: Profitable, Turn-key
| Asking Price: | $190,000 | Inventory: | $5,000 ++ |
| Gross Revenue: | $640,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $80,000 (comments below) | FF&E: | $115,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 | |||
| Cash Flow Comments: 3 year average | |||
Comfortable, friendly family restaurant---and it is making money during the recession---increased revenue, doubled profits from 2008 to 2009. Restaurant features great home-style cooking with reasonable prices. Breakfast, lunch, dinner, daily buffet, pizza delivery and home-baked pies have earned this restaurant a reputation for excellence among local residents and tourists: the relaxed environment has become the meeting place for the area. Firm has loyal customers, and minimal competition in area. In-place management allows for turn-key operation. 3-year average revenue is $635,600; 3-year average cash flow is $80,000…2009 will measurably surpass that. August 2009 revenue was 30% higher than August 2008 revenue...continuing trend. Reputation, well-maintained facility, and strong client base combine to make this restaurant a solid investment.
About the Business
Year Established:2001
Employees:4 full time - 15 part time
Facilities:4,000 sf with two rooms with total seating 100. Very well maintained equipment, clean facility; efficiently designed kitchen with small office, storage room. High-traffic strategic central location with easy access, good visibility.
Market Outlook and Competition:Strong and consistent revenue. Solid profit. Full-time owner/operator could lower labor costs (current owner works 25 hours weekly). Minimal competition within 15 miles.
About the Sale
Management Training and Support:Two weeks free training, consultation thereafter to insure successful transition.
Reason For Selling:Demands of second business.
Seller Financing:Would consider up to 60% seller financing.
KEYWORDS: restaurant, St. Cloud, family dining, profitable, pizza, hamburgers, tourist, Minnesota,
Sell Your Business | This listing has been viewed 71 times
advertisement
 |  | ||||
| |||||
 |  | ||||
| | |
|
Current Search
State: Minnesota
County: Stearns Next Listing: Family Restaurant: Profitable, Turn-key
Last Viewed: Debt Collection and Recovery Agency - SOLD
| ||
| |
| | |
|
Recommended Resources
Sponsored Links
| ||
| |
| | |
|
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.
| ||
| |
