Asking Price:

$400,000

Gross Income:

$1,416,355

Cash Flow:

N/A

FF&E:

N/A

Inventory:

N/A

Real Estate:

N/A

Year Established:

N/A

Employees:

N/A

Business Types:

Restaurants
Other Eating & Drinking Places

Business Description

Taken over by family members almost four years ago (2008), this Restaurant was doing $788k at the time it changed hands. In 2009, Revenues jumped to $1.28 million and in 2010, they managed to earn a Gross of $1.42 million. And they have not stopped increasing sales, yet!

One partner wants to increase business by promoting it more of a family-oriented establishment; another wants to do more of a "bar and grill" theme. They have decided to dissolve their partnership and put the marketing direction in the hands of an experienced Buyer. Is that you?

Detailed Information

Facilities:

Large Restaurant in decidedly upscale area of the County. Located in a modern and well maintained Shopping Center, this has all the allure of a family-oriented establishment in the day, and a more mature "hangout" in the evenings.

Competition:

There are many Restaurants in the area; there are very few that have the ability to lure such a wide variety of clientele, permitting it to remain active at so many hours of the day.

Growth/Expansion:

Growth can be enhanced with better marketing/promotions, increases in catering and better control of food costs.

Support/Training:

Negotiable

Reason Selling:

Partners differ on direction.