Restaurant for Sale on the Water
| Asking Price: | $79,000 | Inventory: | |
| Gross Revenue: | $960,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $160,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 80,000 per month in sales | |||
| Cash Flow Comments: 15-20% net income | |||
wesome new restaurant is built over the water! This place is less than a year old, and has a Gorgeous build-out. It is located in a small town with very little competition. With sales of $80,000 per month, there is a lot of potential.
This is really two restaurants in one. There are two buildings. One is a fine dinning restaurant and the other is a buffet. The Buffet packs them in for lunch and the fine dining leads the area in ambiance for those seeking a nice cocktail, unbeatable views of the water and excellent food.
The owner built this restaurant and a hotel on the same property at the same time. They have decided it is too much to run both, so the restaurants must go. This listing is for the business only, but the owner would sell the buildings and the business together for $1,250,000 new owner was interested.
This is really two restaurants in one. There are two buildings. One is a fine dinning restaurant and the other is a buffet. The Buffet packs them in for lunch and the fine dining leads the area in ambiance for those seeking a nice cocktail, unbeatable views of the water and excellent food.
The owner built this restaurant and a hotel on the same property at the same time. They have decided it is too much to run both, so the restaurants must go. This listing is for the business only, but the owner would sell the buildings and the business together for $1,250,000 new owner was interested.
About the Business
Year Established:2008
Employees:5 full time - 8 part time
Facilities:This is really two restaurants in one. There are two buildings. One is a fine dinning restaurant and the other is a buffet. The Buffet packs them in for lunch and the fine dining leads the area in ambiance for those seeking a nice cocktail, unbeatable views of the water and excellent food. Brand new (less than one year old)
Market Outlook and Competition:Excellent long term prospects
About the Sale
Management Training and Support:Owner will train all new leadership
Reason For Selling:Retirement
Seller Financing:Bring all offers
Attached Files - Attachment Disclaimer
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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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