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Established Restaurant For Sale
Location: United States -> Arkansas -> Greene County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This restaurant was a well known, established franchise. Our contract recently ended with the Franchisor after 15 years, we had intended to continue as a non franchised diner but the owner's health is forcing us to sell. We have an established customer base with loyal customers. We lease the building but, it is also for sale if someone wanted to purchase it. The landlord is wonderful to work with. We have had a great relationship for 15 years. He is willing to lease if someone else wants to buy us out.

We own everything in the building, all equipment, seating package, stock and inventory. There are no incumberances on any of these items.

Seating capacity is 103. Seller is willing to stay for a few weeks to help buyer with necessary information.

We have had a business appraisal done and based on our financials the appraiser valued our business at $450,000.00. We are not asking anywhere near that amount. Interested buyer's can purchase this business for $250,000.00 If interested please contact us via email at near enterprises85 gmail.com


Financials

Asking Price Range:  < $250K
Gross Revenues:   $400,000
Cash Flow:   $80,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  No

About The Business

Year Established:  2001
Number of Employees:  20 - 34
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Owners health




Print Listing Id: 700271585
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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 > Arkansas Businesses For Sale > Arkansas Franchises For Sale > Arkansas Business Brokers



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