Profitable Popular Casual American Restaurant - Variety Menu

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Beer and Wine
Asking Price:
$250,000

Gross Revenue:
$596,292
Cash Flow:
$152,656
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$8,000
included in asking price

FF&E:
$40,000
included in asking price

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Business Description

This popular restaurant located on busy Hwy 111 has been serving loyal customers and tourists visiting the area for over 12 years. While open for breakfast lunch and dinner they have become a favorite spot for their breakfast due to their delicious breakfast burritos. Prices more reasonable than competition drive large crowds to this establishment year round and the large capacity allows for a quick turnover of customers.Located in a busy shopping center with big box anchors and plenty of parking.
Family atmosphere with wide open dining room. Huge professional kitchen with 2 high capacity griddles, grill, deep fryers,and a large 2 room walk-in.
Profitable operations provide owner $65K SDE.
Don't miss this opportunity!

About the Business

Year Established:
2006
Number of Employees:
8
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,700
Rent:
$6,912.00 Per Month
Facilities:
This location is part of a well known local chain of restaurants with different ownership structures. Currently, there are two owners with one managing another location and one managing this location. The owner at this location is slowing down and wants to retire. He will continue to run his location and support new owner
with knowledge.
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About the Sale

Reason For Selling:
retiring
Training/Support:
One owner will train and the other owner will continue to run another branch of this restaurant and offer guidance and support.
Seller Financing:
$125,000 - 4 yrs - 8%

Listing Info

ID:
1531425
Ad Detail Views:
548

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Business Listed by

Rick Rayl

Transworld Business Advisors Coachella Valley
License# 02052577

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