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Established & Profitable Restaurant
Location: United States -> Idaho -> Boise
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Price: $250,000 Blow-Out Price!
Call Gary at (208) 331-6782
Coldwell Banker Tomlinson Group

Profitable Local Boise Restaurant: Business started over 20 years ago after the owner moved here from California. Diner is located on a high-traffic street and is very well known in the local area. Restaurant caters to its' breakfast, lunch and dinner clientele with a very affordable menu.
-3,264 sq. ft. leased building on .44 acres of land located on Overland Rd. with plenty of parking.
-Diner is a 50's themed diner, featuring old time food, beverages, music, and even roller skating waitresses.
-There is a great menu in place featuring Friday and Saturday night dinner specials.
-Hours are from 6:30am to 9:00pm Sunday – Thursday and open until 10:00pm on Friday & Saturday nights.
-There is a DJ from 6pm to 9pm everyday which entices the regular customers in coming back.
-Great opportunity for the right buyer, or even better, a Husband Wife ''Team'' to continue to build sales and to keep this restaurant thriving.
-Seller is MOTIVATED and will look at all reasonable offers!
- DOESN'T INCLUDE THE USE OF THE BUSINESS NAME!

SHOWN BY APPOINTMENT ONLY! VERY CONFIDENTIAL!
DO NOT BOTHER EMPLOYEES OR ASK THEM ANY QUESTIONS!
Potential Buyers must sign a Confidentiality Agreement, as well as provide proof of funding! Please serious inquiries only!

LOCAL BANK LOAN SCENARIO:
10 years at 6.5% interest with a down payment of $100,000 with a monthly payment of $2,724.
-All loan scenarios are subject to the strength of the Buyers collateral support!
SELLER FINANCING SCENARIO:
-7 years at 6.5% interest with $100,000 down payment, with a monthly payment of $2,228
-Buyer must apply and be approved for new lease agreement with the landlord.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $713,580
Cash Flow:   $155,246
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $13,000
Seller Financing:  No

About The Business

Year Established:  1997
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Negotiable
Reason For Selling:  To pursue other interests.

Photos

View Larger Photo(s) Of Business
Established & Profitable Restaurant Photo 1




Print Listing Id: 700285508
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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 > Idaho Businesses For Sale > Idaho Franchises For Sale > Idaho Business Brokers



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