Be in business for yourself, not by yourself. Terrific opportunity to own and manage popular buffet restaurant located at the same spot 7+ years. Current owner mostly absentee working 5 hours per week. Seller suggests owner/operator would yield better return. $80k remodeled in 08 added new A/C, floors, kitchen, roof and more. State Liquor License Required. Long-term lease avail 2015 - 2025. Lots of satisfied customers. Owner does very little advertising which suggests lots of chance for someone who is creative at marketing. Adjusted net reflects running business as stand alone business without Franchise name or support. Restaurant has great visibility curbside. Proven and solid franchise or great location to change brand with new concept and business model. 2008 sales projecting close to or at 2007 figures.
Facilities: 4,800 sq. ft. building
Financing: SBA Lending Candidate
Support/Training: Seller will provide training
Reason Selling: Simplify Business Interests
| Asking Price | $265,000 | Inventory | $5,500* |
|---|---|---|---|
| Gross Income | $1,070,523 | Real Estate | |
| Cash Flow | $148,000 | Year Established | 2006 |
| FF&E | $120,000* | Employees | 8 Full/18 Part |
*Included in asking price
To Inquire, Please call Michael at (360) 772-8265