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Breakfast & Lunch-Not Another One Like This- Owner Financing Available

Clarke County, GA

Seller Financing Available

listing image
Asking Price:$800,000
Gross Revenue:$1,100,000
Rent:$3,500/Month
Cash Flow:$245,000
Inventory:$4,000
EBITDA:$245,000
Listing ID: 2034385Listing provided by BizBuySell
BUSINESS DESCRIPTION

OWNER FINANCING FOR QUALIFIED BUYER-LOWER THAN BANK RATE-Serving Oconee & Clarke Counties - 2022 Gross Sales of $1,132,553.00. Looking for really impressive cash flow - $245,000/Annual - Long established rest. Serving southern food breakfast & lunch. Second generation owner. Great working hours - holidays closed. Consistent repeat business and favorite of locals, blue-collar clientele. FF&E included in purchase price. Approximately $4,000 inventory included. Stable Employees - Easy accessible location with approximately 50 parking. Approximately 4,188 sq.ft and seats approx. 99. Plenty of Upside. Great Reputation! Great Reviews! Great People! Great Customers! No competition in immediate area! HOOKED AFTER FIRST VISIT - REALLY!

DETAILED INFORMATION
Location
Clarke County, GA
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,100
Facilities
Established over 60 years, seats approximately 99, includes one van, approximately 50 parking spaces. Lease is $3,500 per month with terms negotiable. Located on main highway with quick access to major road. Stable Employees.
Competition
No Competition within 25 miles. Strong Customer Base. Multiple manufacturing plants, car dealerships, large blue collar services; all with tremendous service employees within minutes of restaurant.
Growth & Expansion
Plenty of upside - Ask about ways to increase the business - Very simple & Basic. Owner does not want to do more business than currently doing. The demand for increased castering is incredible but Owner does not want more. DO YOU?
Financing
Financing available qualified buyer only - you won't find this flexible anywhere! -
Support & Training
Owner will provide 2 weeks of training if needed with 30 days phone consultation.
Reason for Selling
Owner is Retiring
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John
Padgett
Southeast Business Broker, Inc
Phone Number
John Padgett
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