Local Award Winning Iconic Two Location Restaurant

Sale Pending

Asking Price$425,000

Cash Flow
$162,657
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,074,308

Inventory$30,000
Included in asking price
FF&E$180,000
Included in asking price
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Local Award Winning Iconic Two Location Restaurant


Sale Pending

Asking Price$425,000

Cash Flow
$162,657
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,074,308

Inventory$30,000
Included in asking price
FF&E$180,000
Included in asking price
Business Description
Two Full Service Restaurant locations that presently serve breakfast and lunch 7 days a week. Original location has been in operation for over 25 years. Real Estate is Available.
Original Restaurant location was established in 1997. It was a small venue that they soon outgrew. Five years later they moved into one of their present day locations. In 2018 they opened their second location that serves the same great food and drink.
About the Business
Years in Operation
28
Employees
46
Facilities & Assets
Facilities: Two stand alone facilities. One is 3400sqft and the other is 2500sqft
Market Outlook / Competition
Both of these restaurants are in very good locations. They have good competitors that help to bring traffic to all of their locations. The fact that they serve breakfast and lunch seven days a week gives them a subtle advantage over their competitors. They also serve breakfast during all operating hours.
Opportunities for Growth
The locations of both restaurants are in fast growing areas with business growth and great schools. Business has two stand alone locations. One is 3400 sqft and the other is 2500 sqft.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,900
Rent
Not Disclosed
About the Sale
Seller Motivation
Retirement
Transition Support
Number of Weeks Seller Will Offer Training: 3
Financing Options
Owner Financing Amount $300,000.00 Owner Financing Interest 8% Owner Financing Terms
Listing Info
ID
2221625
Listing Views
870

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Business Listed by: Barry Johns TransWorld Business Advisor of Columbia West

Listing ID: 2221625 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.