This is a consistently profitable business, with on site and catering derived sales, from a diverse loyal following and established corporate clientele. Located in a very desirable area with a residential and commercial mix, the business benefits from heavy motorist and foot traffic from locals, tourists and professionals. Consistent with previous years, the business generated an impressive $168,000 cash flow in 2016 with the hands on owner working approximately 40 hrs per week. The business has been pre-approved for $315,000 in SBA financing for a qualified Buyer, where the business name, menu, recipes, branding, catering clientele and assignment of the lease all included in a sale. This in an inviting and customer friendly concept, with convenient walk up accessibility, geared for take-out and delivery. An open kitchen format is cuisine focused and enticing, adding to the customer's involvement and a more personal food experience. The fully visible line kitchen features two type 1 hoods with griddle and char grill, gas burner saute unit, deep fryers, double convection ovens, plus refrigeration including a 2-door under counter and 2-door sandwich prep unit. Back of house prep and storage areas include a 9' x 6' walk-in cooler, 30 qt mixer, slicer and various electric food prep units, 3-compartment sink, scullery sink, and multiple stainless work prep tables. An office, employee restroom and additional separate store room balance out the main level. A separate area has an 8' x 8' walk-in cooler, freezer and metro shelving units. Qualified buyers, who have good personal financials, above average credit history, along with previous food and beverage operator experience, are encouraged to complete and submit their info and screening questions to receive more details about this unique and profitable business.

General Info

  • OrganizationContact For Info
  • Established2002
  • Current Owner2002
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating4 inside, 18 outside
  • Square Feet1,000 estimated
  • ParkingStreet
  • LicensesBusiness, Health Dept.
  • Open Hours11a-9p

Lease

  • Rent$3,195 all inclusive
  • Expiration2020
  • Yearly Increase5%
  • Option5 years
  • Deposit$2,500

Financials

  • Monthly Revenue$97,000
  • Monthly Cash Flow$14,000
  • Annual Revenue$1,164,000
  • Annual Cash Flow$168,000
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location