Listing ID: 33055

Business Overview

This subject property is a newly renovated retail storefront restaurant that has been an established restaurant-bar in this location for over 40 years.

Business Highlights:
– Rent paid to himself $48,000 annually
– RE Taxes: $11,650
– Newly updated/Renovated restaurant with over $200,000 in the buildout
– Established restaurant/bar in this location for over 40 years
– High traffic location with great visibility
– 1,080 SQ FT space with full basement for food preparation
– Included in the sale is the operating business, equipment and real estate
– Top of the line equipment and refrigeration
– Full Bar with Liquor License in place
– Seats 48 people
– Close to many doctor’s offices, dental offices, schools, and other establishments for catering growth
– Owner User Opportunity

**SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR EXACT LOCATION**

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me. Our buyers are already qualified and willing to invest their time and money towards a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

Financial

Seller Financing Available

  • Asking Price: $599,000
  • Cash Flow: N/A
  • Gross Revenue: $260,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:1,080
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Newly updated/Renovated restaurant with over $200,000 in the buildout, top of the line equipment and refrigeration

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