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Breakfast & Lunch Facility For Sale
Location: United States -> Pennsylvania -> Montgomery County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Since 2001 and 6 years under present ownership this breakfast and lunch facility for sale has been a mainstay in the community. You can ask any person in the neighborhood and they know this place for its good food, friendly staff and excellent service. Conveniently located off a major thoroughfare, this business sees plenty of foot traffic from passers by. Seating is available for up to 49 patrons and has convenient parking near a public lot. The current owner works limited hours with a typical work week consisting of 35 hours. On average this business produces near 1,000 meals per week. The owner has taken a more laid back approach with the business and has passed on some of the closing duties to the competent and experienced staff. The current owner is willing to train for a period of 2 weeks without compensation and if needed, is also willing to stay on for additional compensation to be determined. The current 5 year lease renewed in 2008 is good until September of 2013, which includes an option period for renewal.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $400,000
Cash Flow:   $80,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,500
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks.
Reason For Selling:  Family needs.




Print Listing Id: 700131606
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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