Description of the business for sale
Restaurant has been a landmark since 1995. With 25 private parking spaces and excellent food, the restaurant has provided good service to the local community. Catering menu is available for business meetings, birthdays, small sized corporate events, retirement parties and weddings. Food cost with supplies averages 34%. Seller believes that an experienced owner/operator can significantly increase profit sales. Cash flow for 11 months in 2006 was $137,000, while the cash flow for the first 6 months in 2007 was $72,000.
ADDITIONAL FINANCIAL INFORMATION
•FF&E: $90,000
REASONS FOR SELLING: Seller has an overseas business that is now requiring extensive travel.
EMPLOYEES: Full-time / Part-time: 3ft/9pt
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Support / Training provided by seller
2 Weeks.
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Description of the facilities
Bldg. Size: 2,000 sq.ft.; Lease Period: 2018; Mo Rent: $5407.50 exclusive.
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