Contact Information

 

 

Busy Restaurant with Local and Tour Bus Trade

  • Listing# : 12280
  • Listed Price : $1,394,000
  • Total Sales : $623,483
  • SIC : 5812-08
  • Down Payment : $1,394,000
  • Status : Expired
  • Discretionary Earnings : $167,848

Business Type :

Restaurants / Cafe Type Eatery

Business Description :

If you’ve ever wanted to own a Family Restaurant in a small town, this is for you! Local Family Owned Full-Service Restaurant located on main street in beautiful downtown area. Restaurant has been in operation since the 1980’s. Along with great food, customers love the unique themed rooms celebrating local heritage. There are also several banquet rooms. These rooms are the perfect venue for special events such as wedding receptions and family parties. The crew of top notch employees and chef is in place to run without the owner being there every day. It is perfect for an owner/operator. It has provided the current owner with a great standard of living for the past 20 years and time away to travel. Rated at the top of the list as a favorite in the area for many years! Favorite among locals and has become a scheduled stop for tour buses.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $1,225,000
    • Incl : Yes
    • Inventory $7,500
    • Incl : No
    • Liabilities $69,389
    • Incl : No
    • FF&E $250,000
    • Incl : Yes
    • Other: $334,445
    • Incl : No
    • Leasehold $0
    • Incl :
    • Total Assets $1,475,000
    • Incl : Yes

Lender Prequalified: No

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