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- RE: Landmark Restaurant And Bar With Real Estate
- Contact: Ken Kunkel
Quick Facts
Asking Price: | $1,400,000 | |
Annual Revenue: | $550,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $50,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $450,000 | |
Real Estate: | $1,200,000 | |
Year Established: | Not Disclosed | |
Employees: | 25 | |
BBN Listing #: | 431859761 | |
Broker Reference #: | 1138KK |
Business Overview:
This very popular restaurant and bar has been in business over 60 years and owners are wanting to retire. Located in a very good area and with great parking and exposure. Check out this 14,000 square feet restaurant with multiple dining rooms and banquet rooms along with a great bar that has outside dining and much more. Sellers will entertain some owner financing and will stay on a period of time to train new owners. THIS is priced to sell and listed at $400,000 under appraised price.Please contact Ken Kunkel for more information on this turn-key restaurant. Please reference ID#1138KK.
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Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- 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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