Business Summary

Asking Price: $475,000
Gross Income: $1,200,000
Cash Flow: $300,000
EBITDA: N/A
FF&E: $225,000
Inventory: $20,000*
Real Estate: N/A
Established: 1983
Employees: 25

Business Description
Well-known restaurant and catering hall in business over 30 years. This free standing , two story building has a restaurant and bar area, a catering hall with seating up to 130, outside patio area, private party room with large terrace on second floor. Full basement with storage, and a stand up attic with an office and bath. Well maintained inside and out. Open 7 days a week for lunch and dinner. This is a must see!! Lease terms negotiable, plus owner will train and support and finance a strong buyer with 50% down.

Detailed Information
Inventory:Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities: 4,000 sf stand alone building
Financing: 250,000 down
Support & Training: Owner will stay on part time
Reason for Selling: retiring

Property Details