Description of the business for sale
Fine dining in a country environment! This 50-year old restaurant serves only the finest in Black Angus Beef Steaks, pork loins, and chicken dishes as well as your favorite fresh seafoods including lobster, shrimp, scallops, oysters, catfish, grouper and crab. The salads, vegetables and other sides are all prepared with special care. Bottom line - a complete menu guaranteed to satisfy the whole family. The real estate is included in the sale with approximately 5,000 sq ft of dining and kitchen facilities. The owner recently renovated with additions, upgrades and kitchen equipment at a cost of approximately $150,000. The restaurant is on approximately 2 acres with major highway frontage. The land and building are included in the sales price at an option assumed value of only $127,000. The existing lease/purchase option can be assumed with $1,000 of the monthly lease fee applied to the reduction in the purchase price of the real estate. The real estate has a current market value of $160,000. The price of the business is only $135,000.
Description of the facilities
Furniture, fixtures, and equipment = 70000
Furniture, fixtures, and equipment included: Y