Financing: $650,000.00 Down and 650000 6% over 10 Years
Reason for Selling:
This flagship restaurant is 43 years young. It boasts 6,000 sq. ft. of dining space that seats 34 for lunch and dinner. It separately provides tablecloth dining space that seats 60, and accommodates weddings, church, civic and all other kinds of social events. The bill of fare in the restaurant includes soup, sandwiches, baked goods and beverages, while dinners of any variety are made to order in the dining hall. Delivery and off-premises catering services are also provided. Less than 3 miles away, the second restaurant is 20 years young, and offers the same bill of fare as the flagship restaurant, without the dining hall and without the in-store seating- take-out food services, only. Sales exceed $1.0 million per year. This location can become the model for future franchise or company-owned locations. Sales continue to climb in both locations, as the food quality and superior service that reflects owner's persona have become infectious. The owner will stay on to run the catering business, plan the development of franchising or open new locations.
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 email@example.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.