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Restaurant For Sale
Location: United States -> Rhode Island -> Cumberland
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Seats up to 48. Family style restaurant with the opportunity to expand hours for breakfast 7 days a week. Will train up to 2 weeks. Asking price is $89,000. Cash flow is $75,000 per year. Weekly sales around $5,000 per week. $6,000 during summer hours. Email or call at 401-286-0634 for more information on this restaurant for sale. Willing to finance 50% of purchase price at 4% interest rate for 60 months. The opportunity is here to be your own boss and have the flexibility. Equipment includes walk in cooler, walk in freezer, dough mixer, gas stove, ovens, 2 frylators, grill, vertical freezer, one pizza station cooler, deli meat cooler, booths, and tables, etc..................


Financials

Asking Price Range:  < $250K
Gross Revenues:   $275,000
Cash Flow:   $75,000
Cash Flow Type:  EBITDA
Inventory:  $105,000
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Health.




Print Listing Id: 700149907
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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 > Rhode Island Businesses For Sale > Rhode Island Franchises For Sale > Rhode Island Business Brokers



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