A long established neighborhood breakfast, lunch and dinner restaurant on a prime corner location on two busy thoroughfares with excellent visibility and easy access. There is a separate parking lot, a combination of booths and tables and chairs which were newly installed plus counter seats, 2 ADA restrooms, a banquet room that seats 70, an outdoor seating area, a display kitchen and a large prep kitchen. Some of the equipment includes as follows: 20' type 1 hood with fire suppression system, 3' type 2 hood, 2 double basket fryers, 6' flat grill, 6 burners, 4' char broiler, 3 - 2 door under counter refrigerators + sandwich stations, full door freezer, microwave, slicer,2 walk-in refrigerators, ice machine, utility sink, 3 compartment sink, mop sink, convection oven, 3' drop-in freezer, 2 compartment drop-in freezer, 3 spindle mixer, soup warmer, 2 full door glass refrigerator and 6' display refrigerator, etc. There is a large back of the house area which includes a dishwashing area, storage rooms and office. Prior to Covid there has been a steady history for several years of strong sales and profits - both 2019 and 2018 the sales were $840,000 and $858,000 respectively and cash flow was approximately $150,000 per year. The revenue and cash flow numbers shown below are pre-Covid numbers.

General Info

  • OrganizationContact For Info
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating100 + 70 in banquet room + outdoor seating
  • Square Feet3500
  • ParkingParking Lot
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open HoursContact For Info

Lease

  • RentNegotiable
  • ExpirationNegotiable
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$70,000
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$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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