Price Reduced Prescott Breakfast & Lunch Restaurant - Strong Cash Flow

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Asking Price:
$199,000
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Gross Revenue:
$430,000
Cash Flow:
$80,232
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,500
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Here's a chance to own and operate one of Prescott's favorite restaurants. This breakfast and lunch cafe has been in its present location since 1992 and under current ownership since 2003. Favored by locals and visitors alike, this turnkey operation is focused toward customer satisfaction and profitability. Breakfast and lunch is the sweet spot of the restaurant industry, with the hours leaving most afternoons free. A dedicated owner/operator could step right in and make great money, or even add dinner service to increase sales and profits. Either way, it's an opportunity that should not be missed. NDA required for further information. Seller is an Arizona licensed real estate agent.

About the Business

Year Established:
2003
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
1,400
Lease Rate/Sq. Ft./Mo.:
$0.75
Lease Expiration:
3/31/2023
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About the Sale

Reason For Selling:
Retirement/other interests
Training/Support:
Two weeks

Listing Info

ID:
1383984
Ad Detail Views:
506

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Business Listed by

Mark Duncan

Sumner Commercial Real Estate. - SA655438000

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U.S. Census Data for Yavapai County, AZ
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Source: Decennial Census (2010), United States Census Bureau.

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