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Asking Price$399,000
Revenue$1,300,000 Established2005
Cash Flow$250,000 Employees25 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
RRC#:  4032  
Asking Price: $399,000
Location:  815 Twelve Bridges Dr, #40, Lincoln
Annual Revenue: $1,300,000
Annual Cash Flow: $250,000
Monthly Rent: $11,600 inc NNN
Expiration:  2021

Listing Description:
SBA pre-approved for up to 85% loan over 10 years. This is a real 'Turn Key' opportunity. $535,000 asking price for this Breakfast and Lunch restaurant with annualized sales of $1.3 million generating profits of $250,000. The business has good books and records with verifiable financials, all the staff and management in place and a provable cash-flow. Established in 2005, this successful business has been in the same ownership for 16 years. SBA would lend up to 85% of the sale over a 10 year period so a well qualified buyer would only require around $100,000 cash down. The owner is 99% absentee as the day to day operations are run under management. Current hours are 7am to 2pm. The local demand for dinner business would be a huge opportunity for growth for the new owner to raise revenues another $500,000 annually. On busy thoroughfare and located on an end cap within a modern strip mall with a nice patio, good signage and great curb appeal. This business' annualized 2021 sales revenue exceeds $1.2 million with owners cash flow of $250,000  +. The financials displayed are annualized for 2021. 4200 sq ft plus 500 sq ft patio with inside seating  for 150 with an additional 30 on the patio. The kitchen has a 20ft Type 1 hood with fire suppression system and full cooking line to include; 2 flattops with ovens, deep fryer, 6 burner stove with oven, refrigerated worktops, rotary toaster, large walk-in and walk-in freezer, ample storage, office and 9 security cameras.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Inc
Year Established: 2005
Current Owner: 2005  
Employees: 25  
Reason For Sale:  Retirement

Financial Information:
Monthly Revenue: $108,333
Monthly Cash Flow: $20,833
Annual Revenue: $1,300,000
Annual Cash Flow: $250,000
Annual Payroll: $305,520

Square Feet:  4,222
Seating: 150 + 30 Patio  
Parking: 100+
Days/Hours of Operation: Mon - Fri 6am-3pm. Sat & Sun 5am-3pm
Facilities:Square Feet: 4,222 Seating: 150 + 30 Patio Parking: 100+
Sale Reason:Retirement
Ad #131954
Seller Reference #4032
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