Restaurant For Sale - Owner Financing Available
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $207900
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 4 - 5
Inventory 50000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training 1 - 2 months.
Reason for Sale Retiring due to health.
Description Restaurant For Sale - Owner Financing Available. Condition: Owner is retiring due to health. Space: 1,720 + 580 sq. ft..; currently 30 seats - expandable seating available.
Established: Original owner for 10 1/2 years.
Annual Sales: $207,190.
Service: Open breakfast and lunch; 6 days a week. Closed Sundays.
Purchase Price: $159,000 with $90,000.00 down payment.
Seller's Terms: 7.0%; additional terms of five year/fifteen amortization w/balloon.
Will provide training, if needed, for one month.
Equipment:
Flat top grill (new 2008) -
Refridgerator / Condiment unit (new 2008) -
3 Stainless Steel worktables with bottom shelves, 2 (new 2008)
1 Double Basket Table Top Deep Fryer
1 Convection Oven
1 Microwave Oven
1 Four Slice Toaster (new 2009)
4 Food Warmers
3 Food / Storage Racks
Table Top Can Opener
Cast Iron 4 Burner Propane Gas Cook Stove - with 2 Ovens
Pots - Platters - Mugs - Saucers - Small & Large Bowls - Utensils - Colanders - Cutterly Knives - Silverware - Cutting Boards - Full Pans w / lids - Half Pans w / lids - One Third Pans w / lids - Plastic Food Storage Containers - Sugar Shakers - One 3 Tiered Cart - One 2 Tiered Cart - Tables & Chairs - 2 High Chairs (new) - Stereo / CD Player w / speakers - 2 Portable Phones w / answering machine - Cash Register
Location: Main thoroughfare. Ample parking - 55-60 spaces.
Further Details Available: Please provide telephone number with reply and best time to reach you. Purchase agents are welcome to contact seller. Financials available upon request.
This restaurant is well established in the community. The majority of patrons are daily & weekly regulars with a large majority of tourist during the spring, summer, and fall.
Click Here To Contact Seller
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