Family owned and operated for the past 10 years in this location. Leased unit is 4,400 +/- Sq. Ft ant an affordable rent under a long term lease. Owner has done a lot of upgrades recently and is in the process of adding an outside deck. They have a 4COPSRX beverage license giving the ability for a full bar beverage service. he financials are very strong and should give a buyer a nices return on this investment. Sales have are running over $2,000,000. Confidential agreement must be signed and completed in order to receive any financial information.
Financials
Price: $695,000
Gross Income: $2,100,000
Cash Flow: $0
FFE: $0
Inventory: $0
Real Estate Value: $0
About the Business
Office Reference ID: #531364
Year Established: 2002
Financing: Owner financing with $350,000. down to a qualified buyer
Training: Owner will provied as needed and agreed upon
Facilities: Full service 150 + seat restaurant and bar. Oyser bar area with steemer. 4,400 +/- sq. ft unit, full kitchen, walkin freezer & cooler. Outside dinning deck in the planning and approval stages. Located in a shopping center an inline unit on major US. Hwy 1 location.
Competition: Several other restaurants in the area have given the people an opportunity to see what is being offered. There has been no major effect to the business over the past decade.
Growth: Currently adding and outside dinning deck for even more income over time.
Business Listed By
Name: Herbert Lubansky
Company: herb lubansky Realty
Phone: 386-756-6866
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