Listing ID: 36204

Business Overview

4,000 SQFT, Free Standing Restaurant, located on a road with 30,000 cars passing by daily. Current restaurant concept has been in place for the last 25 years. Sits right outside of a train station with a parking lot that fits up to 30 cars. Currently does about 100k a month in sales. The real estate is extremely undervalued with just $23,000 in property tax. Restaurant is open 6 days a week and can be extended for a hire profit. Numbers are verifiable with the owner. Restaurant has 3 years remaining on the lease. Lots of upside for an owner operator who can provide a facelift to the property. Unfortunate events has led to the motivated sale of the business and property. Contact me for more.

 

Financial

Seller Financing Available

  • Asking Price: $999,000
  • Cash Flow: $250,000
  • Gross Revenue: $1,300,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 25

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:4,000
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Health Reasons