Low Rent & High Income Breakfast & Lunch!

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High Traffic Location Breakfast & Lunch Profitable Est 20 years!
Asking Price:
$59,999

Gross Revenue:
$205,000
Cash Flow:
$61,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,500
included in asking price

FF&E:
$31,000
included in asking price

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Business Description

Looking for a turn-key operation with a solid customer base and proven track record. Loyal staff happy to stay if desired along with full hood system make this a desired location. This is one of the highest traffic count roads with lots of commercial and residential nearby. Build on the existing catering & delivery business. This is priced to sell and cant be reproduced for under 100K.

Important: All buyers must complete the Non Disclosure and be able to show proof of funds prior to the location being released.

About the Business

Year Established:
2000
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,800
Lease Rate/Sq. Ft./Mo.:
$1,798.00
Facilities:
Favorable lease with options in highly visble roads with tons of parking and easy access entry and exit. Recently remodel of the restrooms and interior.
Market Outlook/
Competition:
No competition in Plaza food itself is always competitive.
Growth & Expansion:
Plenty of room to add dinner, beer/wine catering as well as online ordering.
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About the Sale

Reason For Selling:
Moving out of State
Training/Support:
Seller happy to stay along for 1-2 weeks for smooth transition.
Seller Financing:
With 45K Down remainder at 6% over 12 months

Listing Info

ID:
1384997
Ad Detail Views:
1123

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Business Listed by

Pete Harrison

Legacy Venture Group USA, Inc.

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