Need Owner Financing? No Problem - Breakfast & Lunch Business

Asking Price$800,000

Cash Flow
$245,000

EBITDA$245,000

Gross Revenue$1,100,000

Inventory$4,000
Included in asking price
FF&ENot Disclosed

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Need Owner Financing? No Problem - Breakfast & Lunch Business


Asking Price$800,000

Cash Flow
$245,000

EBITDA$245,000

Gross Revenue$1,100,000

Inventory$4,000
Included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
OWNER FINANCING FOR QUALIFIED BUYER-LOWER THAN BANK RATE-Serving Oconee & Clarke Counties - 2022 Gross Sales of $1,132,553.00. Looking for really impressive cash flow - $245,000/Annual - Long established rest. Serving southern food breakfast & lunch. Second generation owner. Great working hours - holidays closed. Consistent repeat business and favorite of locals, blue-collar clientele. FF&E included in purchase price. Approximately $4,000 inventory included. Stable Employees - Easy accessible location with approximately 50 parking. Approximately 4,188 sq.ft and seats approx. 99. Plenty of Upside. Great Reputation! Great Reviews! Great People! Great Customers! No competition in immediate area! HOOKED AFTER FIRST VISIT - REALLY!
About the Business
Facilities & Assets
Established over 60 years, seats approximately 99, includes one van, approximately 50 parking spaces. Lease is $3,500 per month with terms negotiable. Located on main highway with quick access to major road. Stable Employees.
Market Outlook / Competition
No Competition within 25 miles. Strong Customer Base. Multiple manufacturing plants, car dealerships, large blue collar services; all with tremendous service employees within minutes of restaurant.
Opportunities for Growth
Plenty of upside - Ask about ways to increase the business - Very simple & Basic. Owner does not want to do more business than currently doing. The demand for increased castering is incredible but Owner does not want more. DO YOU?
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,100
Rent
$3,500.00 per month
About the Sale
Seller Motivation
Owner is Retiring
Transition Support
Owner will provide 2 weeks of training if needed with 30 days phone consultation.
Financing Options
Financing available qualified buyer only - you won't find this flexible anywhere! -
Listing Info
ID
2034385
Listing Views
2775

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Business Listed by: John Padgett Southeast Business Broker, Inc

Listing ID: 2034385 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.