Well established family friendly restaurant serving comfort foods for breakfast and lunch daily with waits up to 1 1/2 hours on the weekends. Features long, old fashioned service counter with seating for 14 guests and comfy booths throughout. Established customers base! Located near freeway, national restaurants and shopping with high traffic and good visibility. Sales are $1,400,000 with an absentee owner. This sale includes 3050 sq. ft. building plus two patios on an 11,000+ sq. ft. lot with parking for 15 cars. The property also includes 2 studio apartments offering $20,000 additional annual income not included on the business P&L plus, 2 double car garages currently used for restaurant storage. Open daily from 6:30am to 3pm only. There is a lot of potential for someone wanting to be a hands on operator or by adding dinner service and possibly beer and wine. Back of the house offers good space, 2 walk in refrigerators, 1 walk in freezer, dish washing room, storage/break room and large office. POS system with 5 terminals, security system with 10 cameras. Nearer tile flooring throughout kitchen. Well equipped kitchen with one 12 ft hood with sprinklers plus, one 5ft hood, 6 ft grill, 3ft grill, 2- 4 burner stoves with ovens, charbroiler, 2 double fryers, steam table, 2 waffle makers, 2 door fridge, 4ft. prep station, 4 ft ice cream freezer, triple shake machine, soup warmer, under counter fridge, ice maker, ice bin, 3 door under counter fridge, microwave, 2 toasters. Fully furnished office with computer, printer and safe. 2 HVAC units. 2 bathrooms plus one employee bathroom.

General Info

  • OrganizationCorporation
  • Established1976
  • Current Owner2003
  • Employees15
  • Reason For SaleOther Interests

Facilities

  • Seating78
  • Square Feet3050
  • ParkingLot and street
  • LicensesHealth department, city business license.
  • Open HoursMon-Fri 5:30am-3pm Sat & Sun 6am-3pm

Lease

  • RentContact For Info
  • ExpirationContact For Info
  • Yearly IncreaseContact For Info
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$116,667
  • Monthly Cash Flow$12,917
  • Annual Revenue$1,400,000
  • Annual Cash Flow$155,000
  • Payroll$Contact 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.

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