Very Profitable Family Restaurant for 22 Years

Front Royal, VA (Warren County)

Seller Financing Available
Very Profitable Family Restaurant for 22 Years

Asking Price:$475,000

Cash Flow:$164,622

Gross Revenue:$713,495

EBITDA:N/A

FF&E:$137,000

Inventory:$9,000*

Lease Rate/Sq. Ft.:N/A

Established:1994

*not included in asking price.

Very Profitable Family Restaurant for 22 Years

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Business Description

Well established restaurant with regular clientele. Continuously adding new customers daily in an effort to grow their regular base.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
5 FT / 11 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2500 sq foot restaurant.
Competition:
Limited competition. There are 3 restaurants similar to this one in the area. They set themselves apart by offering better quality products and lower prices.
Growth & Expansion:
There is steady growth potential. The business is projected to grow at 6% per year currently. The pricing is really low and there is great potential in slight pricing increases
Financing:
$$450k down/$25k for 48 mos. @ 6.50%
Support & Training:
Will train for 4 weeks @ no cost. Management experience.
Reason for Selling:
Owner is becoming a full time accountant.

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Fred Walker

Business Listed By:
Fred Walker

Murphy Business & Financial Corporation

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Murphy Business

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