Restaurant
Asking Price:   $3,500,000Inventory:   $35,000 **
Gross Revenue:   $1,598,000Real Estate:   $3,350,000 ++
Cash Flow:   $219,000FF&E:   $300,000 **
++ included in the asking price         ** not included in the asking price
Rare opportunity to purchase not only a well established restaurant and function hall perfectly designed to cater weddings, meetings, and conferences of any size. This is a turn key successful business that has averaged over 1.5 million in gross sales and over on an average basis for over the past 5 years plus approximately $15k in net lottery income. There are still opportunities for expansion and increasing sales with a hands on owner, discretionary cash flow averages $200k or more. Don’t miss out call and ask for more details.
About the Business
Year Established:1939
Employees:8 full time - 35 part time
Facilities:22,346 sq. ft. facility
About the Sale
Management Training and Support:Seller agrees to aid in a smooth transition.
Reason For Selling:Refocus on start up business.

KEYWORDS: Restaurant; Function Hall; Lottery Sales


Sell Your Business | This listing has been viewed 58 times

advertisement
advertisement
Contact the Seller
* Bold fields are required
Re: BizQuest ID:978456
Seller ID:15080
Your Name: 
Your Email Address: 
Phone Number: 
Message Text: 
Yes, I would like to receive the Buyer's Newsletter.
Yes, I would like to receive a daily summary of new listings.
Tips for Buyers
Privacy Pledge
BizQuest has been connecting buyers and sellers for over 15 years, and has earned a reputation for honesty and integrity. We will NEVER sell or share your personal information with anyone other than who you have specifically requested. For more see our Privacy Pledge
NO SPAM ALLOWED
BizQuest has a strong anti-spam policy. Use of this form for any reason other than to inquire about purchasing this business will result in cancellation of your account.
Business Listed By
Lori Jacobson
George & Company
View All of My Listings
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.