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Established, Profitable Family Restaurant
Location Indiana,United States
Asking Price Range $500K - $1.0M
Gross Revenues $745383
Net Profit / Cash Flow $227115
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1972
Number of Employees 20 - 34
Inventory $170000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Owner will train the buyer for 4 weeks at no cost.
Reason for Sale Retirement/Other Business Interests/Health-Related.
Description This listing is for a highly-profitable family restaurant located in northeast Indiana that is available to a qualified buyer. This long-established business offers great American fare like burgers, pizza, fried foods, etc. They also offer home made ice cream and beverages as well that are extremely popular. This business is located in tourist community and during the summer months, they have lines out the door for 3 or 4 hours daily. The restaurant seats 130 people and they also offer catering and delivery. This highly profitable business has consistently yielded the owner a yearly income of over $200,000 with over $1,000,000 in assets to be transferred with the business including the prime real estate (valued at $950,000). This business has been a fixture in the community for over 4 decades and they have an outstanding reputation in their marketplace. This is a terrific business opportunity for a buyer to take over an established, popular establishment and begin turning a profit almost immediately. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $975,000
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