BUY FOR LESS THAN ASSET VALUE! Very well located and fully equipped sports themed restaurant in busy shopping center offering eat-in/take-out wings, burgers, sandwich type menu with beer/wine. Less than one mile from I-95 exit, the restaurant is next to several nationally recognized anchor stores. Seating for 30 with ample parking, sales in 2008 are running 23% ahead of 2007 and 30% ahead of 2006 without advertising. Absentee owners have caused a negative cash flow due to allowing expenses to far exceed industry norms. Business is very viable for a hands on owner-operator and is being sold at near asset value. Fixtures and equipment worth $90,870 convey with business as well as $180,000 of amortizable leasehold improvements.
Please call the broker for further information about this business.
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