Long-Standing Restaurant For Sale
Boonville, MO
| Asking Price: | $393,000 |
| Gross Revenue: | $388,324 |
| FF&E: | $20,000 |
| Established Year: | 1994 |
| Cash Flow: | $76,675 |
| Inventory: | $15,000 |
| Real Estate: | $249,000 |
Listing ID: 2238609Listing provided by BizBuySell
BUSINESS DESCRIPTION
This long standing restaurant has been serving their community with quality food and great customer service for over 40 years. The loyal customer base has built relationships that have lasted. The menu is very diverse in food and drink options and budgets so it allows everyone to enjoy their dining experience.
DETAILED INFORMATION
Location
Boonville, MO
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
The restaurant has been a main gathering place for many families over the past 40 years. They are known to the community for the diverse menu which appeals to all taste and budgets. There is no other family restaurant in town that has this big of a menu with so many yummy options.
Growth & Expansion
1. Expand the hours open-the current owners are ready for retirement- you could easily expand the hours open for more growth.
2. Second floor of building is not being utilized. It could be converted into a banquet room or a 2-3 bedroom apartment.
Financing
Some seller financing possible for qualified buyer.
Support & Training
Seller agrees to complete training, transfer of recipes and inventory ordering for 30 days.
Reason for Selling
Retirement
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