High Profit Specialty Restaurant - MI
Not Disclosed, MI Not Disclosed
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- RE: High Profit Specialty Restaurant - MI
- Contact: John Lastra
Quick Facts
| Asking Price: | $395,000 | |
| Annual Revenue: | $877,974 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $218,035 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $175,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 91792818 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Located in Albuquerque, New Mexico, this unique Mediterranean restaurant has an established reputation for excellent food served in a beautiful setting. The 140 seat restaurant provides repeat and new customers a wonderful dining experience. Additionally, the restaurant has an enclosed outdoor patio with seating for 30. The restaurant is open for lunch and dinner six days per week. Excellent growth opportunities exist.
The business to include all furniture, fixtures, and equipment, $11,000.00 of inventory, recipes, tradename, covenant not to compete, and training is offered for sale for $395,000.00. Seller will finance with a down payment of $100,000.00.Â
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Reason for Selling:
RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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