Listing ID: 39362
Business Overview
Business Description
– 2,800 SQ FT with a huge full basement and a great long 14-year lease
– Does 20k a week, high-profit margins on items. Sales double during holidays
– Extremely popular neighborhood restaurant for over 50 years, loyal customers for generations
– 2 walk-in boxes, deli section, full kitchen, seating for over 50 people
– Serves sandwiches, wraps, salads, soups, steaks, and a lot more high margin items
– Located in a prime hot location close to schools, offices, churches, apartment buildings, etc
– Massive catering business during holidays
– No website presence for online sales, lots of value add opportunity here
– Health issues cause sale and aggressive price
**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 at chris.empirebusiness@gmail.com. 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: $229,000
- Cash Flow: $175,000
- Gross Revenue: $1,050,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A