Diner/Restaurant with or without Real Estate in West Virginia

WV

Seller Financing Available
Diner/Restaurant with or without Real Estate in West Virginia
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Asking Price: Get Financing: $1,500,000

Cash Flow: $600,000

Gross Revenue: $2,850,000

EBITDA: N/A

FF&E: $525,000

Inventory: $30,000

Real Estate: $2,500,000*

Established: 2003

*not included in asking price.

Diner/Restaurant with or without Real Estate in West Virginia

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Business Description

This is a very well established, and highly profitable Diner/Restaurant located in a great location in West Virginia. Owner will consider offers on just the business, or the business and real estate. High Consistent Revenues could be driven much higher if the buyer is a Full Time Owner Operator. Business is currently being run as Semi-Absentee to Absentee, which allows for great growth opportunity if run as Owner Operator, and even greater growth if it is run as a Family Operated business. Open for Breakfast, Lunch, and Dinner, and was previously open 24 Hours a day, and if so could Generate at least an additional $500,000 in Revenues per year. Also by adding a Liquor License, and serving Beer, Wine, and if wanted Alcohol, would also raise revenues. With seating for 300 it is always busy, but customers rarely have to wait for seating. According to the seller, approximately 75-80% of their business is Repeat Customers. Don't miss this Outstanding Opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
8,000
Employees:
75
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
8,000 Square Feet. If Property is not purchased the total Monthly Rent would be $16,000, and Lease term is Negotiable.
Competition:
No similar Competition in the area. Great Location.
Growth & Expansion:
Being a Full Time Owner Operator, and if possible a Family run business, along with opening 24 Hours a day, and adding a Liquor License, and Doing More Marketing and Advertising.
Financing:
Negotiable
Support & Training:
Seller will give 2-4 Weeks of Training/Transition
Reason for Selling:
Other Business Interests
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Contact the Seller

(from currently available funds)
 
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Gary Steven Russell

Business Listed By:
Gary Steven Russell

G. S. Russell Business Brokers and Advis

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