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Business for Sale Summary

Fabulous Restaurant - 28444

Business Type: retailing businesses,bar/tavern/night clubs,service businesses,wholesale/dist businesses,special situations,restaurant/ cafes
Owner Financing
Fabulous Restaurant
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Financial Information (non-confidential)

General Information
Asking Price $375,000 Down Payment $150,000
Gross Revenues $660,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and $225,000 @ 6% for 48 months

Business Description

Beautiful restaurant looking for a new owner. This restaurant seats just under 100, (bar seats around 15) has a beautiful deck-patio and access to a lake and has lots of natural light. Restaurant also does catering for many different events and is 25% of the restaurants business and has a separate kitchen to support the catering. The menu is upscale, has a wide selection of wine and carries a D5 liquor license. There is plenty of storage and if the next owner wishes there is plenty of room to expand the bar. You wont believe how beautiful the restaurant is so its definitely a must see. The owner is willing to hold a note and negotiate but only for the right buyer and will stay of for a period of time to ease the transition. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.