Unique Concept - Local Restaurant - Great Following & Growth Potential

Asking Price$150,000

Cash Flow
$185,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$870,000

Inventory$10,000
Included in asking price
FF&E$125,000
Included in asking price
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Unique Concept - Local Restaurant - Great Following & Growth Potential


Asking Price$150,000

Cash Flow
$185,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$870,000

Inventory$10,000
Included in asking price
FF&E$125,000
Included in asking price

Seller Financing Available
Business Description
Over 5 year old restaurant with great following. Good staff in place, and a relatively easy operation. All equipment is in place for an easy turn key sale. Lease has options for long term, or real estate could be purchased for additional cost. Owners are mainly absentee and focusing on other businesses with a GM in place. A new owner running the day to day would cut GM cost or an investor could keep operations as is.
About the Business
Years in Operation
8
Employees
15 (10 Full-time, 5 Part-time)
Facilities & Assets
Turn key restaurant including kitchen and equipment, bar equipment, tables, chairs/stools, small wares, etc
Market Outlook / Competition
Normal restaurant competition but not an over saturated market. The area is one of the fastest growing areas in the region for home built and population increase
Opportunities for Growth
More marketing & special events. Owners are mainly absentee now and an on site owner would improve operations and profits substantially.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,500
About the Sale
Seller Motivation
Other businesses to focus on
Transition Support
Flexible
Financing Options
Some seller financing available to qualified buyers
Listing Info
ID
2420167
Listing Views
17

Contact Seller

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