Seller Financing Available

Asking Price:

$150,000

Gross Income:

$425,000

Cash Flow:

$75,000

EBITDA:

N/A

FF&E:

$50,000.00 *

Inventory:

$10,000.00 **

Real Estate:

$395,000.00 **

Year Established:

2004

Employees:

12 pt

Business Types:

Restaurants
Other Eating & Drinking Places

** not included in the asking price

* included in the asking price

Business Description

This popular neighborhood restaurant has an excellent reputation and loyal customer traffic that provide steady revenue year round. The full lunch and dinner menus encompass casual fine dining with more eclectic items and a limited beer and wine selection. The real estate is also available for acquisition.

Detailed Information

Facilities:

The location is a destination for casual fine dining that includes select restaurants and other attractions. The real estate can be included in the purchase and includes rental or owner apartment(s) with an additional cash flow of $44,000.

Competition:

Limited competition with prohibitive zoning, brand recognition and excellent location make this a unique business.

Growth/Expansion:

There is an opportunity to expand the space physically and to add full liquor to the current beer and wine selection.

Financing:

$50K on Biz. Inventory $10k. Working Capital Needed $10K.

Support/Training:

Seller will provide transition training and consulting.

Reason Selling:

Seller has other business interests.

Broker Information

Brian Hanson

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