Great opportunity for a working owner operator looking for an established busy and profitable breakfast & lunch restaurant. The restaurant is well located in an area surrounded by both business and residences. They have an excellent reputation for serving some of the best breakfast and lunch fare in the area! The space is in excellent condition and has potential to increase sales and profits with a full-time owner operator. The existing beer and wine license may be upgraded to a full liquor license upon expansion to evening service. The present owners are semi-absentee and have other locations and want to scale back. Inquire today for a confidential showing of this great spot. The sellers are reasonable and want a quick sale!!
PARKING: Street and Public Lots
FACILITY: Excellent Free-Standing Building
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: Three years with one (1) five-year option (Additional Options Available)
BASE RENT: $4,000 (includes triple nets)
CONCEPT: Breakfast Lunch Diner
SIZE: 3,500 square feet
SEATS: Seating for 104 patrons
HOURS: Open for Breakfast & Lunch 6 days/wk
LICENSES: Beer & Wine License
SALES: $919,000
CASH FLOW: $269,000
ASKING PRICE: $400,000 (For the Assets of the Business) – THE BRAND IS NOT INCLUDED
Ad#:2467024