Family Restaurant/Diner For Sale 12458

Listing ID 42218, 12458 Dermott | Agriculture


Asking Price
$220,000

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Seller's Name: Charles Dermott
Phone Number: Phone Number Private

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Financials


Cash Flow
$170,127
Revenue
$520,000
Employees
7
Fixed Asset Value
$0
Real Estate Value
$0
Inventory Value
$0

* included in asking price

Investment Desired
No
Loan Desired
No
Home Based
No
Re-locatable
No
Startup Business
No
Year Established
2001

Business Details


Great family restaurant on very busy major interstate route in the fastest growing town in the state. This is a fabulous opportunity to take over the only diner in this area. Charming and well kept operation with steady repeat customers and good expansion possibilities. Stable and mature staff with low turnover. Parking is more than ample in this strip mall location with six and a half years remaining on the lease. CHECK OUT THE FINANCIALS! This is an amazing price for an established business with very solid cash-flow and excellent terms. Act now - this one will definitely be snapped up quickly!

Business Competition

Financing

$143,000 @8% for 5 years

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Reason for Selling

other interests