| Asking Price |
$700,000 | Inventory |
$30,000* |
|---|---|---|---|
| Gross Income |
$931,407 | Real Estate |
$300,000* |
| Cash Flow |
$30,858 | Year Established | 1986 |
| FF&E |
$100,000* | Employees | ft 13 pt 16 |
* included in the asking price
** not included in the asking price
Well established restaurant with great visibility and within close proximity to college, shopping and retail businesses. Superb clientele with repeat customers in warm atmosphere serving breakfast, lunch and dinner. Business established with liquor license serving beer and wine. Inventory includes antiques displayed throughout the dining area. This non-francise business is clean, inviting and a turn-key operation with owner cross-training or employment possible. Great Business Opportunity!!
Facilities: The Restaurant is approximately 3,147 Sq Ft and is located on about 0.5 acres of property. The Real Estate is being offered in the price of the business. The site is located about 500 yards of a local college and shopping center that has large retail names, Sears and Penny's.
Competition: This is a high quality family restaurant with daily specials that range from sandwiches to prime rib dinners. They also serve beer and wine with meals. This resturant has very little competition in the local area. Is located close to the local college and large retail stores. Real Estate has great visibility and is clean inside and out.
Growth/Expansion: Sales have been steady at just under $1M per year for the last 3 years. This restaurant is unique and should be looked at as being a franchise that could be expanded to other locations.
Financing: Cash, Conventional and/or SBA Financing
Support/Training: The sellers will be available for cross training for a period of 3-4 weeks.
Reason Selling: Owners have been in business for over 25 years and looking for a career change

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