High Profit Restaurant , in a Great Suburban Locaiton

Quincy, MA (Norfolk County)

Seller Financing Available
High Profit Restaurant , in a Great Suburban Locaiton

Asking Price:$160,000

Cash Flow:$75,000

Gross Revenue:$365,000

EBITDA:N/A

FF&E:$3,000

Inventory:$1,000

Established:1988

High Profit Restaurant , in a Great Suburban Locaiton

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Business Description

This breakfast lunch restaurant has been in business for over 29 years. Its one of the last independent family owned diners in the area.The restaurant currently serves about 3500 guests per month,75%are regular return customers.The menu offers a large variety of homemade items that are made from scratch.

If desired the owner and retained staff will help you with the transition and development of the current menu.New owner will inherit a wonderful variety of friendly customers in this turnkey operation.Lots of new housing development currently going on in the area.

This is a can’t miss opportunity for the next aspiring restaurateur. The option for staying open at night is available. Sales are up 10% in each of the last 3 years.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
2 FTE, 6 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,000 sq. ft. leased space
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement

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Don Buehler

Business Listed By:
Don Buehler

ROI Corporation

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Sponsoring Broker:
Gary Rayberg, CBI

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