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Asking Price$1,450,000
Revenue$1,572,315 Established1983
Cash Flow$202,817 Employees6 full, 40 part
FF&E$125,000* FranchiseNo
Inventory$9,000* RelocatableNo
Real Estate$950,000* Home-basedNo
* Included in Asking Price
Consistently profitable restaurant business for sale. Same owner 28 years in a great central city location. 200 seat family restaurant business with 4,900 sq ft building and on site parking. Real state is for sale with the business. This is a turn-key business that has been maintained and updated as needed over the years. This is a popular local restaurant with consistently good food, good friendly service, comfortable seating, convenient parking and modest prices. They offer a menu with wide variety of popular american foods and some specialty menu items. Loyal customer base, lots of regulars, a "go to" place.
Growth Potential:Business revenues and profits have been good over the years. Delivery could be easily added and would provide for additional income with little additional cost.
Training/Support:Seller is willing to offer support and training as needed to facilitate a smooth transition.
Sale Reason:retirement
Ad #121353
Seller Reference #QUADCIL001-N557
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Contact This Seller
Milton Anderson
(309) 764-1955
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