Restaurant- Lunch Only Nets $181K - ONLY 10% DOWN
Asking Price: | $450,000 |
Gross Revenue: | $697,901 |
FF&E: | $130,000 |
Cash Flow: | $181,108 |
Inventory: | $5,000 |
Established Year: | 1998 |
This business has been pre-qualified for a loan with buyer only needing 10% down ($45,000). Buyer would take home after paying debt service $112,000. Buyer would earn their down deposit back within 5 months!
KEY POINTS:
This business has been around for a long time
selling as a hands on owner operation
current owner running it absentee
business has a G liquor license - opportunity to sell alcohol
closed Sundays! opportunity for new owner to open and serve brunch
Mon-Sat = 11am-3pm...that's only 4 hrs a day they are open for 6 days a total of 24hrs open during a week!! Easily can grow business by increasing hours and menu!
Stand alone building
In a great town - Bucks county
Only doing lunch and some catering
Able to expand to breakfast, dinner, brunch and catering
current owner does very little marketing
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FranchiseCash Required: $425,000