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Business for Sale Summary

Restaurant Investment Partnership Opportunity - 31206

Business Type: bar/tavern/night clubs,fast food franchise,other eating & drinking places,other food stores,restaurant/ cafes
Restaurant Investment Partnership Opportunity
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This business has received 11 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$125,000 Down and

Business Description

The Present Owner Wants an investor/ part owner to help take this project to greater levels especially given the resources that this business has for development. History, tradition, natural beauty, charm and great food all for the taking in this unique section of the state. First established in 1921, this restaurant has a rustic charm that is hard to find. Located on 27 acres of beautiful land on a major highway and adjacent to a major river which also includes a private island. The business also includes an adjoining 11 unit motel operation. All restaurant equipment has just been replaced including a large carousel smoker. 5,800 square foot and 190 seating capacity. Opening for dinner, the menu is to feature oysters, seafood, and steaks. Very little competition; The site has the potential for further development with campground, bait and tackles shop as well as hosting events and concert. Local village is undergoing rezoning to enhance development here. Great ground floor opportunity for an active or an inactive participant.

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.