Founded over 100 years ago, the Restaurant has provided customers with delicious drinks and food to a loyal customer base. The Restaurant’s menu is full of a wide variety of delicious food and drink options. Operating out of a 4,000+ sq. ft. facility, the Restaurant can seat more than 200 people. The real estate is available for sale with the business for a total purchase price of $940,000.
The Company has steadily grown revenue over the previous few years and has several opportunities to grow and increase profitability.
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Newly rebuilt facility
The Company has many opportunities for growth including enhancing its marketing strategy.
The Company has several investment highlights: 1) The Restaurant has been serving delicious foods and drinks for over 100 years. 2) Food Relationship: The Company previously purchased a food franchise in order to deliver delicious food to customers. The Company is not paying a royalty to the franchisor and has all of the food recipes. 3) Lack of Competition: The Restaurant and Bar is located in an area where it does not face severe competition. It has built great recognition and a loyal customer base. 4) Strong Community Support: The Restaurant has developed strong support from the local community because of the Company’s length of time serving the area.
The owner is seeking retirement.
The owner is willing to provide assistance through a transition period.