Casual Restaurant - Money Making Venture
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $320000
Net Profit / Cash Flow $110000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1984
Number of Employees 1 - 3
Inventory 45000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training.
Description This well-known casual dining restaurant is up for sale. It's been in the community for 25 years and it serves sandwiches, hamburgers and popular breakfast menus. Its Gross Sales are very steady even in this difficult economy. The rent is only $2,150 for 1,400 SF space. Business hours are five and a half days a week. New tenant next door is expected to bring more businesses.
It's priced reasonably. Little portion of Seller financing is possible for the right buyer. It's a great opportunity for owner/operator or buyer(s) with food service experience expecting 6 figure incomes.
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