Profitable Restaurant
Location:
United States
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South Carolina
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Hilton Head
Industry: Food and Beverage > Other Food and Beverage
Business Summary
If you have been searching for a restaurant opportunity and would rather own than rent, this is your chance. This restaurant for sale is stable and has documented sales for several years. Qualified buyers can get SBA financing on this approved franchise. Facilities were remodeled in 2007 to meet all corporate specs. and looks great! This diner themed franchise has great name recognition and a fantastic interstate location that is currently seeing significant residential development. The motivated seller is offering land, business and building with all FF & E for $750,000! This absentee run restaurant is generating over $70,000 a year cash flow. A hands-on owner/operator should net six figures after debt service. If you have restaurant experience and a desire to own your own business while building equity this opportunity would work for you. SBA lenders require at least 15 20% down, good credit and experience in the industry. For Non-Disclosure/C.A. email or call 423-566-5575.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$600,000
Cash Flow:
$70,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1998
Number of Employees: 10 - 19
Relocatable: No
Franchise: Yes
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: 2 weeks corporate / 2 weeks owner.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 70093361
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