Breakfast and Lunch(Seller is highly motivated and says make an offer)
Asking Price: | $175,000 |
Gross Revenue: | $630,720 |
Rent: | $7,500 |
Established Year: | 1986 |
Cash Flow: | $157,904 |
Inventory: | $5,000 |
FF&E: | $100,000 |
“Seller Highly Motivated, make an offer”. Price just reduced. Current owner performs limited tasks of food purchasing, payroll and dining room socializing; The seller does not work the kitchen or dining room. "The cash flow/SDE below is for a working owner in the kitchen". Currently 7 wait staff, 2 bus people, 4 cooks, 1 hostess, 1 dishwasher.
Several staff members have worked there for 20+ years. Previous owner (of 35 years) is a frequent customer and is very helpful and supportive. Seats 108 (plus some outside seating). UBER Eats & Door dash is currently underutilized, competitive pricing structure would make delivery services a significant increase in revenue.
IF YOUR LOOKING FOR AN AWESOME FAMILY BUSINESS IN A GREAT NEIGHBORHOOD & INTERSECTION WITH TONS OF TRAFFIC, THIS IS IT. SELLER TO SIT DOWN VERIFY NUMBERS TO A SERIOUS BUYER WITH AN ACCEPTED OFFER. IF INTERESTED PLEASE REQUEST NDA. BUYER SHOULD HAVE EXPERIENCE.
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