Well established, loved by locals, Prime location, centrally located in historic Lincoln. Serving Breakfast and lunch to local community and travelers for well over a decade, new ownership took over the existing business in February and provided the same dependable quality of service and food. The incoming owner could choose to operate the business as the current country kitchen or could bring a new concept to this excellent Restaurant location, with an ABC type 41, beer, and wine license. The business model allows the owner to maintain a good quality life as there is no dinner service so there is always the free afternoon and evening with the family, or extend into dinner and increase profit. The restaurant is turnkey, with a well-equipped kitchen and well maintained by owner. Plenty of storage, a large walk in, a type 1 commercial hood with ansul system, ice machine, and many other equipment (please ask for full equipment list) Please complete the 'Non-Disclosure Agreement' on our site and we'll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationLLC
  • Established2010
  • Current Owner2023
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating74
  • Square Feet3,256
  • ParkingStreet
  • LicensesHealth Permit, ABC Type 41 Beer and Wine License, Local Business Permit
  • Open HoursMon - Sun 6 Am to 1 Pm

Lease

  • Rent$4,067
  • Expiration2028
  • Yearly Increase3%
  • Option2 x 5 Years
  • Deposit$5,000

Financials

  • Monthly Revenue$58,350
  • Monthly Cash Flow$9,890
  • Annual Revenue$700,318
  • Annual Cash Flow$118,690
  • Payroll$22,106

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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