Very Successful Restaurant – True Gem

Asking Price: $600,000

Revenues:   $1,200,000

Profit:  $240,000 (Year after year)

Business Description:

New Price!  Motivated Seller – retiring. This well-known restaurant is a true gem.  Very desirable business.  An icon in the community.  The history of steady revenues and profits year after year speaks for itself.  Profits reach $240,000 to $265,000 year after year. Very profitable. Food is excellent as is the service.  This one stands out from the competition.  A very desirable area of town, on a busy street and area is still growing.  Owner has built up a loyal customer base. This establishment has been around for a number of years and is very well established.   Food is superb. Includes a 3-way liquor license.  Very attractive restaurant with separate dining room and bar area.  Great curb appeal, plenty of parking and easy access.  Turnkey operation.   

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Operational Strengths: Well established with excellent reputation and name in the industry.

Facility: Fully Equipped restaurant. Excellent condition. Large Kitchen with unlimited growth potential.

Reason for Sale: Retiring

Opportunity: Turnkey operation with growth potential.

The Transaction: Owner will stay on for a transition period 30 days and/or as needed.

Furniture, Fixtures, Equipment $100,000 and is included in asking price.

Competition:  Limited competition in the area.

Real Estate:  Owned.  Not included in asking price.  Lease or sell.