Hot Listing

Established Restaurant on MAIN ST

Asking Price$189,000

Cash Flow
$170,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$50,000
Included in asking price
FF&E$80,000
Included in asking price
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Hot Listing

Established Restaurant on MAIN ST


Asking Price$189,000

Cash Flow
$170,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$50,000
Included in asking price
FF&E$80,000
Included in asking price
Business Description
Contact owner for more information

Want a turn key restaurant with established regulars and consistent sales? This opportunity is in a prime location on MAIN ST, Fully staffed and operating with busy days & nights. Average 3k per day, 4/5k on weekends. Management in place. 49 seats inside, 16 outside. 2500 sqft 1M in Net sales, 3500 a month, 5 year lease.5 year option Full liquor license 11pm daily.

***Was under contract buyer had NO RESTAURANT EXPERIENCE, landlord will only transfer lease to experienced restaurant owners. Rent is too low landlord wants success. Please have restaurant experience.

Owner is selling because of moving partner.

NDA and POF Will be needed prior to releasing information. Serious buyers only. NO owner financing.
About the Business
Years in Operation
2
Employees
15 (15 Full-time)
15
Facilities & Assets
Full kitchen build out , fully stocked bar, full dining room
Opportunities for Growth
Room for growth is easily obtainable
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$3,500.00 per month
Lease Expiration
3/24/2035
About the Sale
Seller Motivation
Owner is Moving
Transition Support
Owners will help with transitioning to new ownership
Financing Options
None
Listing Info
ID
2389381
Listing Views
2286

Contact Seller

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Business Listed by: G

Listing ID: 2389381 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.