Breakfast & Lunch Facility For Sale
Location Pennsylvania,United States
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 6 - 9
Inventory 2500
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks.
Reason for Sale Family needs.
Description Since 2001 and 6 years under present ownership this breakfast and lunch facility for sale has been a mainstay in the community. You can ask any person in the neighborhood and they know this place for its good food, friendly staff and excellent service. Conveniently located off a major thoroughfare, this business sees plenty of foot traffic from passers by. Seating is available for up to 49 patrons and has convenient parking near a public lot. The current owner works limited hours with a typical work week consisting of 35 hours. On average this business produces near 1,000 meals per week. The owner has taken a more laid back approach with the business and has passed on some of the closing duties to the competent and experienced staff. The current owner is willing to train for a period of 2 weeks without compensation and if needed, is also willing to stay on for additional compensation to be determined. The current 5 year lease renewed in 2008 is good until September of 2013, which includes an option period for renewal.
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