Asking Price:

$395,000

Gross Income:

$1,000,000

Cash Flow:

$100,000

FF&E:

$195,000.00 *

Inventory:

$5,000.00 **

Real Estate:

N/A

Year Established:

1999

Employees:

21

Business Types:

Restaurants
Other Eating & Drinking Places

** not included in the asking price

* included in the asking price

Business Description

This is a 5000 sqft Restaurant located in one of the best locations in the state. this Restaurant has approached 2M in sales.The Restaurant is very well equipped and has 170 inside seats including a 45 seat party room and a 28 seat outside patio.

Detailed Information

Facilities:

5000 sqft Restaurant, very well equipped and furnished. An abundance of shared parking in retail/business plaza. Rent is negotiable, for prime eastern suburb location with 170 seats + 28 outside patio + 45 seat party room.

Competition:

There is much competition in this very affluent suburban town, but is arguably one of the best locations in the entire county, and sales exceed 1,000,000 annually.

Growth/Expansion:

This is a $2,000,000 To $4,000,000 sales location for an experienced Restauranteur.

Financing:

Owner will Consider some Financing

Support/Training:

Owner wiil provide 30 day training and consulting assistance, 15 days on premises, 15 days via Phone.

Reason Selling:

Owner consolidating his operations.