Thriving Legacy Restaurant - 60+ Years of Success

Asking Price: $550,000

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Thriving Legacy Restaurant - 60+ Years of Success


Asking Price: $550,000


Seller Financing Available
Asset Sale Description
Asking Price: $550,00 2024 Sales: $1,867,400. Owner Benefit: (2024 SDI): $113,897

Rent: $4,500/month NNN (5 years left + renewal option)

Step into a proven winner with this iconic, family-owned restaurant that has proudly served the community for over 60 years. Now available due to the owner's retirement, this is a rare opportunity to own a deeply established neighborhood favorite with consistent 7-figure sales and a loyal customer base that spans generations.

Highlights:
Established Brand: Operated by the same family for over 6 decades, a trusted name in the region.
Turnkey Operation: Includes full staff of seasoned employees. 5 Full-Time Cooks, 1 Part-time Cook. 3 Dishwashers, 4 Full-Time Servers, 5 Part-Time Servers, 2 Full-Time Bartenders, 2 Bussers.
Owners Weekly Salary: $3,150
Outdoor Experience: A large covered patio draws thousands every summer for al fresco dining.
Ample Parking: Private 80-car parking lot - rare and valuable for this high-traffic location.
Financial Performance: 2022 SDI $65,059 2023 SDI $83,362 2024 $113,897
Weekly Gross Revenue: $36,900
Clean Financials: Transparent books and growing profitability year over year.

Included in the Sale: All FF&E (Furniture, Fixtures, and Equipment)
Proprietary Recipes
Established Social Media & Email Accounts
Goodwill & Brand Equity
Comprehensive Training from the Owner

Lease Details:
$4,500 / month NNN
5 years remaining with an option to renew

Why this Restaurant?
This is not just a business - it's a beloved institution. Its rich history, strong community ties, and outstanding seasonal patio experience make it a standout in the market. Perfect for an owner-operator or investor seeking a stable, cash-flowing asset with room to grow.
About the Sale
Transition Support
Comprehensive Training from the Owner.
Seller Motivation
Retirement
Financing
Some seller financing is available to very qualified buyers.
Listing Info
ID
2370976
Listing Views
367
Attached DocumentsAttachment Disclaimer

C_R_Fact_Sheet.pdf

Business Location

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Business Listed by: James Kaczmarek

Listing ID: 2370976 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.