Family Restaurant & Bar
Location Indiana,United States
Asking Price Range $250K - $500K
Gross Revenues $351298
Net Profit / Cash Flow $49090
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1971
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Description The business was established in 1971 as a family restaurant with a bar and was purchased by the current owners in 2000. This business has always enjoyed steady profits due to the well-established customer base and loyal, key personnel. The business also enjoys an excellent profit advantage as it has an on/off liquor license. The restaurant has a seating area for 210 people as well as party rooms that seat between 35 - 200 people. Total assets include $5,000 of inventory, $50,000 of equipment, fixtures and furnishings and building and land valued at $350,000. Priced at $395,900. Located in Northeastern Indiana.
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