Family Restaurant With Owner Financing Available For Sale

Business description

Need financing? Selling restaurants presents this great family style restaurant with super visibility, an attractive lease, a beer and wine license and over 500k in gross sales August 08 to August 09. All this and the owner will carry the note!

This restaurant has a loyal local following serving a wide variety of dishes for the breakfast, lunch and dinner crowds. Can you say P for profits with the on site pie baking and sales. The place is standing room only for weekend breakfasts!

With a dedicated owner and a little marketing this place would rock day and night. It has a separate banquet room that is perfect for wine tastings, sports viewing, the possibilities are endless. Continue as the current successful concept or bring your own vision to this great location.

All equipment is in near new condition with a complete kitchen and infrastructure remodel done in early 2008.

This is a free standing building of approximately 3700 square feet with total monthly rent of only $5700 That is only 1.54/ft including NNN! Current term expires in Jan of 2015 with a seven year option available.

Owner has another sister shop on the coast and a full time mortage business that keeps him from dedicating the time necessary to fully establish this restaraunt.

Property information

Real Estate:

Lease

Lease terms:

Expires Jan 1, 2015 plus seven year option

Leasehold rent:

$5,700 per annum

Size in square feet:

3,700

Other information

Trading hours:

daily 7am-8pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will carry a note