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Well Known Restaurant For Sale
Location: United States -> North Carolina -> Thomasville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Price Reduced! I-85 Restaurant, Priced to Sell at just $85,000!

Right off I-85 in Thomasville, this profitable and successful restaurant and luncheonette has been serving delicious food for over 20 years! New owner can make a comfortable living at $65K cash flow per year with definite room for growth by improving upon menu and catering. One of Thomasville's favorites!

For more information, VIDEO and private showing, contact: Steve Reiss BROKER at (336) 706-1446 or email.

Facilities: All equipment is provided to be able to continue to smoothly run operation

Competition: No other full scale restaurant like it around.

Growth/Expansion: Waiting for new energy to increase sales even higher. A few cosmetic changes but other than that, this place is in very good shape

Financing: 50% down in cash, balance TBD

Support/Training: Owner will provide training to new buyer.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $290,000
Cash Flow:   $64,500
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1988
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will provide training
Reason For Selling:  Retirement

Photos

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Well Known Restaurant For Sale Photo 1




Print Listing Id: 700185110
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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 > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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