Located off a major highway with a very high traffic count 1,300 square feet of counter service with seating for 30 Large outdoor patio Menu specializes in burgers/pates and shakes Location could be used for any take-out idea Ample parking is available
DESCRIPTION: A long-standing, well-known Family Restaurant with an attached bar, and lounge. Located in a strip mall setting Operating since 1978 Very loyal clientele Premises size 5,500 square feet Menu consists of an American and Greek style specialty’s Open 6 days a week, breakfast, lunch and dinner. Closed Sundays Plenty of well-lit parking available ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price): Furniture, Fixtures, and Equipment at a fair market installed value of $ 75,000 Inventory at Cost of $ 5,000 LEASE ARRANGEMENTS: Current lease is $ 5,560 gross a month. A new lease can be negotiated REPORTED SALES 2024 2022 SALES $492,577 $5243,736 PRICE/FINANCING: Asking price is $185,000 Financing is available with 50% down. COMMENTS: Ideal location for a Bar lounge. Restaurant does need some remodeling. Owner looking to retire after 43 years
Eko Stinger designs and manufactures with the best Patent-Protected Aerodynamic Tractor Trailor system on the market Huge national data base of customers waiting to purchase Designed for the Trucking industry assumes to save 5.72 Gallons of gas per 1000 miles of 5.3% according to MTVTS Those savings can save trucking business hundreds of thousands of dollars every year Nextgen pup Ekostinger was specifically designed for trailers 50 feet and shorter Patent -protected system Very low overhead SALES AND SELLERS DISCRETIONARY EARNINGS (SDE): CURRENTLY NOT OPERATING 2018 – $938,013; 2019 – $1,967,221; 2020 – $796,207; 2021 – $864,421; 2022 – $1,307,267 2023 – $467-343; January – June 2024 – $8,520 PRICE/FINANCING: Asking price is $350,000 Sellers will offer financing and earnout opportunities COMMENTS: Opportunity for a current manufacturer who would like to expand their business. Ideal for a buyer to own a successful and growing company.