20+ Years established Breakfast & Lunch Diner Restaurant

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Owner Financing available
Asking Price:
$119,000

Gross Revenue:
$310,000
Cash Flow:
$53,000
EBITDA:
$60,000
Inventory:
$7,000
not included in asking price

FF&E:
$65,000
included in asking price

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Business Description

Great opportunity to be your own boss! Very well known and established business since 1994. Over 20 years in business. Owner is retiring and ready to train new owner to take over. Financial statements available once confidential agreement is signed. All equipment included in sale! So are you ready to be your own boss? Owner financing with 50k down payment and 5 year term. Contact us today!

About the Business

Location:
Fall River, Massachusetts
Year Established:
1994
Number of Employees:
8
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$12.00 Per Month
Lease Expiration:
10/1/2023
Facilities:
Strip plaza, dumpsters on site, parking for 30+ cars
Market Outlook/
Competition:
Pros, located close proximity to an industrial park where Amazon just opened a huge facility and many established corporate offices there also.
Growth & Expansion:
So much more growth available, owner only opens 6am-2pm. Could possibly serve dinner and expand the catering also.
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About the Sale

Reason For Selling:
Owner has been in business 20+ years and retiring
Training/Support:
30 days training one on one.

Listing Info

ID:
1561507
Ad Detail Views:
141

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Business Listed by

Jesse Santos

JT Realty Group

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