Only $40K down!!! Long Established, Breakfast & Lunch Spot

Asking Price$350,000

Cash Flow
$132,886
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$559,527

Inventory$3,500
Not included in asking price
FF&E$75,000
Included in asking price
Real EstateNot Disclosed

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Only $40K down!!! Long Established, Breakfast & Lunch Spot


Asking Price$350,000

Cash Flow
$132,886
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$559,527

Inventory$3,500
Not included in asking price
FF&E$75,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Own a beloved breakfast and lunch spot with a proven history of success. This charming restaurant, situated in a vibrant, up-and-coming area, is waiting for you!

Key Highlights:

• Longevity: With over rich 20 years in business (17 years under the current owner), this establishment is a trusted name in the community.
• Loyal Customer Base: Benefit from a dedicated clientele that has fueled the restaurant's success over the years.
• Prime Location: Nestled in a busy strip plaza with a major anchor tenant, this location boasts high visibility and foot traffic.
• Affordable Lease: Enjoy the security of a reasonable lease at $4131/month, ensuring stability and cost efficiency.
• Outstanding Reputation: Known for delicious food, the restaurant has garnered excellent reviews from satisfied customers.
• Sales Resilience: Even with a recent price increase, sales remain strong, highlighting the business's profitability and resilience.
• Well-Maintained Space: The restaurant, particularly the kitchen, is impeccably maintained, creating a welcoming atmosphere for patrons.
• Financial Transparency: The owner maintains detailed financial records and is prepared to discuss this with qualified buyers.
• Owner Commitment: After 16 successful years, the current owner has poured time, effort, and resources into fostering this thriving establishment.

This is a fantastic opportunity for a family-run business or a dedicated owner-operator to take the reins of a successful, well-loved restaurant. If you’re a serious buyer looking for a turnkey operation with a solid foundation, we invite you to reach out for a confidential discussion about this exciting opportunity.

Note: Minimal seller financing may be considered as part of the offer.

Confidentiality Notice: The business name and location will be disclosed only to serious buyers with a signed NDA and proof of funds.
About the Business
Years in Operation
21
Number of Employees
7
Facilities & Assets
Located in a strip plaza on busy intersection. There is lots of parking available, business has been established in this location for over 20 years and kitchen is very clean and well maintained.
About the Sale
Seller Motivation
Retirement
Transition Support
Owner willing to provide two weeks of training at no cost to the Seller.
Financing Options
Business is SBA approved at $350,000 purchase price with only $40,000 down.
Listing Info
ID
2362852
Listing Views
1015

Contact Seller

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Business Listed by: Thanasi Pantazelos Realtec Business Brokers

Listing ID: 2362852 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.


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