FIRE SALE!! Diner/Restaurant Opportunity - 22019 Business Type: other eating & drinking places,other food stores,restaurant/ cafes/ diners,must sell/drastic price reduction!,owner financing available,assets only sale
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $99,000 | Down Payment | $99,000 |
| Gross Revenues | $297,400 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $37,126 | Number of FT Employees | Register Free to View |
Financing
$99,000 Down and OR BEST REASONABLE OFFER!
Business Description
FIRE SALE! CURRENTLY CLOSED! Diner/Restaurant Opportunity. This business was opened just 1.5 years ago with aspirations to be a small town diner with live music. The 2900 sq. ft. space was beautifully renovated, floor to ceiling, but surprise costs in build out, licensing, etc. have caused a cash flow problem for the owners. They have been forced to sell due to this. In 2011, average Gross sales were approx. $5,500/wk with a Gross of $287,000 and a Net of approx. $38K. Sales are slowly growing, but the owners do not wish to build any more debt. We are looking for a hands-on owner operator looking to take over a fully equipped and furnished restaurant opportunity. It is worth a visit. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.
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.
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