RESTAURANT/TAVERN
| Asking Price: | $395,000 | Inventory: | $20,000 ++ |
| Gross Revenue: | $1,500,000 | Real Estate: | n/a |
| Cash Flow: | $130,000 | FF&E: | $75,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
An established and well known neighborhood restaurant located a growing eastside community.
• The restaurant includes a full service bar with plasma TVs, a lounge with a fireplace and plasma TVs, a dining room and a banquet room.
• Beautifully furnished - light oak tables, chairs, booths and décor.
• Serving lunch and dinner Monday through Saturday and dinner on Sunday.
• Extensive lunch, dinner, banquet and children’s menus.
• A strong local customer base.
• Ample parking.
• Currently offering live entertainment several nights a week in the lounge and dining areas.
• Complete and efficient management staff in place.
• The restaurant includes a full service bar with plasma TVs, a lounge with a fireplace and plasma TVs, a dining room and a banquet room.
• Beautifully furnished - light oak tables, chairs, booths and décor.
• Serving lunch and dinner Monday through Saturday and dinner on Sunday.
• Extensive lunch, dinner, banquet and children’s menus.
• A strong local customer base.
• Ample parking.
• Currently offering live entertainment several nights a week in the lounge and dining areas.
• Complete and efficient management staff in place.
About the Business
Year Established:1996
Employees:8 full time - 42 part time
Facilities:11,000 sq. ft. facility.
Market Outlook and Competition:This is an outstanding restaurant in one the fastest growing eastside suburban communities. The restaurant has just begun to branch out into catering and banquet service and expects to see growing revenues as a result.
About the Sale
Reason For Selling:Other interests and relocation.
Seller Financing:The owner will finance approximately $100,000 for five years at 8% interest.
KEYWORDS: restaurant, tavern, bar, banquet,
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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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