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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Unique Restaurant Lease Opportunity

Location  Arkansas,United States
Asking Price Range  < $250K
Gross Revenues  $455000
Net Profit / Cash Flow  $106000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1992
Number of Employees  10 - 19
Inventory  55000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Seller will negotiate a transition period
Reason for Sale  Retirement

Description  
This is a rare and unique opportunity to get into the ownership of a 22 year old restaurant in central Arkansas. The owners are so confident that the success can be carried on to the new owner that they are willing to lease the business to the right person with the option to purchase it whenever the new owner is satisfied with the transition. New owner will need $40,000 up front to lease the business and pay 5% of sales during the lease. The new owner can purchase the business whenever they are ready and the $40k would go towards the final price, which can be predefined and part of the lease. This takes most of the big risk out of buying a restaurant. This restaurant just happens to be a good one that has stood the test of time with no reasons why that can't continue and even increase for a new involved owner. The business can also be purchased out right so there is a lot to be discussed. Please contact Scott at 501-681-0741.


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