Popular Restaurant With Liquor
Location:
United States
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Michigan
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Oakland
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This business is a highly-successful, moderately-priced restaurant that serves a wide choice of meats, seafood and home-cooked meals in a friendly, comfortable setting. All food is prepared onsite under the watchful eyes of seasoned restaurant professionals and an attentive staff. This restaurant sale includes a Class C Liquor License, all furniture, fixtures, equipment and inventory. This is a leased facility with reasonable rates and options extending through 2020. Additional revenues are derived from a strong in-house catering and carry-out business. This opportunity is ideal for a candidate that is looking for a proven system that they can continue to use and generate profits with. Seller will provide financing to a qualified buyer with $75k down.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$760,294
Cash Flow:
$118,086
Cash Flow Type: Sellers Discretionary Cash
Inventory: $71,200
Seller Financing: Yes
About The Business
Year Established: 2002
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70090241
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