Business for Sale |
Buy A Business |
ID:19560
Northampton County, PA
Business Type: seller financing available,special situations,retailing businesses,restaurant/ cafes
Asking Price
$119,000.00
Gross Revenues
$137,736.00
Financing
$ 75,000.00 Down and $44,000 for three (3) years at 8%
Owner's Cash Flow
$63,763.60
Introducing a small restaurant for sale that has great upside potential. This is an owner operated business that in its owner's own words, "is women and family friendly." This means that, its nature makes it ideal for a woman or a family to own it and operate it. Located in the middle of town and close to highways, it is open Tuesday through Friday from 7am to 2pm, Saturday and Sundays from 8am to 2pm and 7am to 2pm on Mondays (fall time.) They only serve breakfast and lunch so if you decide to keep it like that, which I wouldn't, you'll be home by dinner time every day. On the other hand, if you add a couple of things like delivery and more hours, you could increase your revenue 20 to 30 percent. It's got a patio with 12 tables, 20 chairs and 6 plants. It also has access to about 25 parking spots, plus street parking with easy access. It is close to a couple of churches, schools and a hospital; imagine what delivery could do for this business. And one very attractive aspect is the very low overhead, which includes a monthly rent of only $675.00 dollars. The owner says that this business is so good to him that, thanks to it he can live in a very nice house, pay all his bills, afford a very nice car (Mercedes), and have money in his pocket all the time to do the things he enjoys doing.
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