Property ID : SPL25.353
For Sale $50,000.00 - Restaurant
DESCRIPTION:
• A long-standing neighborhood diner located off a busy highway
• Has a very loyal clientele.
• Restaurant offers a full breakfast and lunch menu
• 21 years in business with a great reputation
• It also offers a large vegan menu
• Has Seating for 60 people with about 1,500 square feet of serving and kitchen area
• Currently open Wednesday – Sunday from 8 AM to 2 PM
• Has plenty of off-street parking available
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
• All FFE valued around $20,000
LEASE ARRANGEMENTS:
Current rent is $1,100 a month and the lease is negotiable for options to renew
SALES AND SELLERS DISCRETIONARY EARNINGS:
• Sales average about $5,000 to $6,000 a week
PRICE/FINANCING:
The asking price is $50,000. Financing to a qualified buyer is available with at least $30,000 down
COMMENTS:
Owner is looking to retire after 20 years. Plans for expansion are available to a new operator. This place has
been a gold mine for years. It’s an ideal location for an owner operator.
