| Asking Price |
$650,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,940,000 | Real Estate |
$1,350,000** |
| Cash Flow |
$205,000 | Year Established | 2006 |
| FF&E |
tbd* | Employees | 25 full/40 Part |
* included in the asking price
** not included in the asking price
Very popular steakhouse that seats over 200 guests and has a full service bar with a 3 way liquor license. This is part of a successful 25 year old franchise group that currently operates 80 to 90 restaurants systemwide.This particular concept is their hottest new concept and is the primary focus of their growth plans.
Facilities: The real estate is owned by the seller of the business. There are approximately 1.7 acres of land. The building is 5700 square feet. The seller is willing to sell the real estate for $1.35 million or lease it for terms and conditions to be negotiated prior to closing.
Financing: Seller will negotiate financing
Support/Training: The seller is willing to train & transition the purchaser.
Reason Selling: Managing partner doesn't have time to oversee.

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