Restaurant- Funded by the county, UNIQUE!

Olathe, KS (Johnson County)

Restaurant- Funded by the county, UNIQUE!

Asking Price:$180,000

Cash Flow:$76,000

Gross Revenue:$280,000

EBITDA:N/A

FF&E:N/A

Inventory:$7,500

Established:1987

Restaurant- Funded by the county, UNIQUE!

Get Financing Save Print Share Valuation Report

Business Description

This 30 year old restaurant and catering business is here to stay, its a safe investment with the county funding behind the operation. Expenses are taken on by the county, so the owner operator only has to focus on a Monday through Friday from 7-4 with no head aches. Equipment, coolers, freezers, any equipment needed is paid for by the county. This is one rare opportunity with 1,000 of near by patrons who frequent the restaurant including judges and attorneys as well as the county and city workers in the same building.

Detailed Information

Inventory:
Included in asking price
Employees:
3
Facilities:
Exclusive contract with Johnson County, currently 2 year contract with two, 2 year extensions. Catering business is primarily with the County which is all tax exempt. Rent and utilities are $200.00 per month. County owns and maintains all major equipment. Breakfast and Lunch service, 5 days a week, Monday-Friday from 7:00 am to 3:30 pm. Catering for meetings, trainings, etc. This is a restaurant owners dream.
Competition:
Kansas Coffee House and Dub V’s are its main competitors. The downtown Olathe patrons choose Sunflower Cafe including Judges and Attorneys.
Growth & Expansion:
38,000 Johnson County active employees and government entities. Business is also open to general public. This is a one in a lifetime chance to own a business that is funded by the county and maintained by the county. No headaches with equipment, supplies, etc. Truly a unique business to buy. Suppliers for food and beverage service to the Johnson County Admin Building and Courthouse. (approx. 750 people) and catering for Johnson County Employees (approx. 3800 people).
Support & Training:
The seller will stay on for 3 months on call, and 4 weeks intensive training.
Reason for Selling:
Retirement

Listing Statistics for Premium Members

Ad#:1323264 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Chad Peterson

Business Listed By:
Chad Peterson

Peterson Acquisition

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Paisano's

Franchise Opportunity In KS
Capital Required: $376,000