Picturesque Profitable Restaurant & Event Space

Asking Price$350,000

Cash Flow
$176,106

EBITDA$106,000

Gross Revenue$988,415

Inventory$18,000
Not included in asking price
FF&E$150,000
Included in asking price
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Picturesque Profitable Restaurant & Event Space


Asking Price$350,000

Cash Flow
$176,106

EBITDA$106,000

Gross Revenue$988,415

Inventory$18,000
Not included in asking price
FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
Beautiful restaurant and event space in a beautiful setting established in 2012. The model has lots of flexibility with respect to functioning as a restaurant, event space or expanding more into catering services. The future direction and upside is extensive. You can choose your focus. The lease is fixed until 2028 and is manageable at a rate of $4509/month.
About the Business
Years in Operation
13
Employees
15
Facilities & Assets
The Lease is a gross lease and fixed until 2028, at this below market. The equipment is all in good working order and will be conveyed free of encumbrance.
Market Outlook / Competition
The business is unique and serves an established customer base and visitors to the area.
Opportunities for Growth
The model is flexible and could easily expand further into catering in addition to events and the restaurant sales. The model is brilliant in its flexibility.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,918
Rent
$4,509.00 per month
Lease Expiration
6/30/2032
About the Sale
Seller Motivation
Opened another business after many many years operating this one.
Transition Support
As needed.
Financing Options
For a well qualified operator the Seller will carry a partial note.
Listing Info
ID
2292381
Listing Views
1915

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Business Listed by: Dean Vacheresse Dean Vacheresse Brokerage

Listing ID: 2292381 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.