| Asking Price |
$136,000 | Inventory |
$5000** |
|---|---|---|---|
| Gross Income |
$350,000 | Real Estate |
|
| Cash Flow |
$110,000 | Year Established | 2003 |
| FF&E |
$100,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
This has been a very profitable business and the owner is reluctantly selling it at a bargain price due to family circumstances that require a move from the area.
Facilities: 1500 sq ft prime mall location with substantial off street parking. Leases for $3860 per month. Very nice and nearly new equipment. Leasehold improvements appealing and attractive. Easy to operate for non working, managing owner. Labor costs average 22%, food cost 31%.
Competition: Well received German style menu with very little direct competition. The restaurant is situated in one one of the highest traffic count locations in the City... both auto amd foot traffic in the mall.
Growth/Expansion: This operation does off site catering at four annual fairs in the local area. These numbers are not included in the sales data herein but that activity could be included in a separate sale and further expanded. Also, the continuous growth suggests the volume will likely increase as more and more people discover this unique German Menu.
Financing: Owner will carry $100K
Support/Training: Two weeks
Reason Selling: other interests

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