Breakfast & Lunch Diner-Need Financing?-Look No More-You Are In Luck!

Asking Price$700,000

Cash Flow

EBITDA$225,000

Gross Revenue$1,100,000

Inventory$4,000
Included in asking price
FF&ENot Disclosed

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Breakfast & Lunch Diner-Need Financing?-Look No More-You Are In Luck!


Asking Price$700,000

Cash Flow

EBITDA$225,000

Gross Revenue$1,100,000

Inventory$4,000
Included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
OWNER FINANCING-LOWER RATE THAN WHAT BANKS WILL OFFER-Serving Oconee & Clarke Counties - 2025 Gross Sales of $1,082,220+. Cash flow - approximately $225,000+/Annual - Oldest established restaurant in the area. Serving breakfast & lunch only with southern comfort foods like Biscuits and Gravy, Homemade Sausage, Red-eye gravy, Grits, Hash Browns, Fried Chicken, Fried Catfish, Homemade meat loaf, just to name a few . Second generation owner. Great working hours - holidays closed. Consistent weekly repeat business, a favorite of locals and blue-collar clientele. FF&E included in purchase price. Approximately $4,000 inventory included. Friendly stable Employees, just like their customers - Easy accessible location with approximately 50 parking. Approximately 4,188 sq.ft and seats approx. 99. Lots and Lots of Upside for the ambitious new buyer with a creative imagination. Dine in or take it to go! Iconic Reputation! Great Reviews! Great People! Loyal Customers! One of a kind, not another one like it in the immediate area! You will be "HOOKED AFTER FIRST VISIT" - REALLY!
About the Business
Years in Operation
66
Employees
9 Full-time
Stable, friendly employees with very low turn-over.
Facilities & Assets
Established over 60 years, seats approximately 99, has Manager's office, extra space for meetings, includes a van with plenty of catering accessories, approximately 50 parking spaces. Fully equipped. Lease is $3,500 per month with terms negotiable. Located on main thoroughfare with quick access to major road. Easy Access in and out. Great Exposure!
Market Outlook / Competition
No Competition within 25 miles. Strong Customer Base. Surrounded by multiple manufacturing plants, car dealerships, heavy retail, large blue collar services; all with tremendous number of service employees within minutes of restaurant.
Opportunities for Growth
Plenty of upside - Ask about ways to increase the business - Very simple & Basic. Owner does not want to do more business than currently doing. Owner is trying to retire. The demand for increased catering is incredible but Owner does not want to do more than he is currently doing. DO YOU?
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,100
Rent
$3,500.00 per month
About the Sale
Seller Motivation
Owner is ready to retire and travel with his wife.
Transition Support
Owner will provide 2 weeks of training if needed with 30 days phone consultation.
Financing Options
If you need financing, Seller will assist-best rate anywhere!
Listing Info
ID
2034385
Listing Views
165

Contact Seller

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Business Listed by: John Padgett Southeast Business Broker, Inc

Listing ID: 2034385 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. See our full Terms of Use. Learn how to avoid scams.


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