WELL ESTABLISHED restaurant and sandwich shop
Business Description
NEW REDUCED PRICE-Owner will accept reasonable offers. One owner, family-owned restaurant and sandwich shop is being offered for sale for the first time. In business for over 50 years, the owners feel it is time to retire and enjoy traveling and vacations. The shop, located in a busy strip mall and a very busy area, serves breakfast and lunch, and does catering. The location offers dine in as well as take out service. There is also an outside patio in the corner location that offers additional outdoor seating. Much of the equipment is new and all equipment is maintained regularly and in perfect condition.
The lease is in place for 5 years with extensions available if desired. The landlord is also negotiable on the initial terms to help a new owner get started.
The lease is in place for 5 years with extensions available if desired. The landlord is also negotiable on the initial terms to help a new owner get started.
About the Business
- Years in Operation
- 56
- Facilities & Assets
- all FF&E is included in the sale.
- Market Outlook / Competition
- There is minimal competition in the area for this type and quality of business. The business has a fantastic reputation for quality and service. The owners have been part of the community for over 50 years
- Opportunities for Growth
- The owners used to be open for dinner. In the last few years they have closed earlier, 3 00 PM, to slow down and enjoy the family. Even with the shorter hours the net income to the owner is approx $80,000.00. Adding dinner back to the service as well as offering delivery and catering service will add significantly to the income, as it had done previously.
A new owner may also want to change the concept to a regular restaurant with waiter service and a fine dining experience.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,200
- Rent
- $1,700.00 per month
- Lease Expiration
- 12/31/2030
About the Sale
- Seller Motivation
- owners are retiring
- Transition Support
- as needed up to 30 days included
Listing Info
- ID
- 2352182
- Listing Views
- 1743
Attached DocumentsAttachment Disclaimer
Listing ID: 2352182 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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