Popular Restaurant with Real Estate Available

Asking Price$395,000

Cash Flow
$195,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$960,000

InventoryNot Disclosed

FF&E$55,000
Included in asking price
Real Estate$250,000
Not included in asking price
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Popular Restaurant with Real Estate Available


Asking Price$395,000

Cash Flow
$195,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$960,000

InventoryNot Disclosed

FF&E$55,000
Included in asking price
Real Estate$250,000
Not included in asking price
Business Description
* Over 45 years of successful operation at this location.
* Extremely profitable.
* All food items are 'made to order'.
* Large, loyal customer base.
* Well-trained, motivated and customer friendly staff.
* The staff will easily transition customers to a new owner.
* Dominant brand presence in market served.
* Well thought out and efficient workflow throughout the restaurant.
* Equipment is in excellent condition, well-maintained and includes many new and recently upgraded items.
* Owner plans to retire following a transition period with the new owner.
* Great lifestyle location. Small town environment. Wonderful recreational opportunities, low crime rate.
About the Business
Years in Operation
46
Number of Employees
13
Facilities & Assets
This is a 2,400 sq. ft., well-designed facility with a drive-thru. Seating is provided for 60 customers and parking for 36 cars. A fantastic new sign package has just been installed and there are many upgrades and new pieces of equipment. Examples are a new grill, new fryers, and new fire suppression system, all within the last 90 days.
Market Outlook / Competition
Limited competition. Enviable reputation in the marketplace for high-end food products and outstanding customer service.
Opportunities for Growth
If the real estate is purchased another $26,400 will be available for debt service.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
2,400
About the Sale
Seller Motivation
Semi-Absentee Owner
Transition Support
The seller will negotiate an easy transition period. The current manager will stay in place if desired by the Buyer
Listing Info
ID
2412226
Listing Views
14

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Business Listed by: Charles Broadwater Broadstone Capital, LLC

Listing ID: 2412226 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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