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Full service restaurant with professonal kitchen

Eugene, Lane County, OR, USA
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Businesses For Sale | American Restaurants For Sale

Listing ID : 427456

Posted on February 15, 2024 View Count 22

Price :
$625,000
Business Financials & Assets :
Gross Revenue:
$1,452,926
Cash Flow:
$214,769
Year Established:
1948
Property Details :
Business Details :
Number of Employees:
19
Real Estate:
Leased
Rent:
$10,000
Type of Lease:
Triple Net Lease (NNN Lease)
Lease Expiration:
2029
Building Size:
4,500 Sq. Ft.
Facility & Tenant Improvements:
NNN $1,795 Licenses: OLCC, OR Lottery, Lane County Hours Monday thru Saturday from 8 am to 12 am; Sunday from 8 am to 10 pm
Terms :
Support & Training Offered:
4 weeks, 20hours per week
Reason for Selling:
Retirement
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Long established, full service restaurant with loyal customers, excellent staff serving great food and drinks in an upscale atmosphere. Full kitchen, bar, taps, walk in cooler, menu, all recipes, recent $150k+ TI with OR lottery machines for additional passive income all included in the price. This is an excellent opportunity for a young chef to take over the $215k SDE and make their own name in town. With a 680+ FICO and 20% down, lenders are offering a 10% apr, 10 year SBA loan that would leave ~$138k net after debt service. If you learned in culinary school to always buy the building, it is available for an additional $1,500,000 with a 25 year SBA fixed loan.  EG11264

Passive Mobile Pet Grooming Franchise Re-Sale! Turn Key & Operating! 50% Seller Financing Avaliable!
Passive Mobile Pet Grooming Franchise Re-Sale! Turn Key & Operating! 50% Seller Financing Avaliable!

3500 Scotts Lane, Philadelphia, PA, USA

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