MergerPlace

Locally Famous Restaurant

Missouri


  • Asking Price: $250,000
  • Gross Income: $286,350
  • Cash Flow: $61,965
  • Real Estate: Not Disclosed
  • Inventory: $6,000
  • FF&E: $25,000
  • Listing ID: #214084
  • Established: 1974
  • Employees: 1 FT / 6 PT

Business Description

Iconic diner serving breakfast and lunch. This long standing business has a loyal following of customers that have continued to support it over the years.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Missouri

Company Information

Year Established: 1974
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 6 PT

Financial Information

Asking Price: $250,000
Gross Revenue: $286,350
Cash Flow: $61,965
FF&E: $25,000
Inventory: $6,000
Seller Financing Available: No

Property Information

Facilities:

This business remains in it's original location since opening over 40 years ago. It is in a free standing facility in a very high traffic location.

Growth & expansion opportunities:

The main area of growth for the business would be opening on Tuesdays and opening for dinner. A stronger and sustained marketing effort would be a possibility to help with growth as well.

Competition:

There are many competing restaurants in the area but none with the same history and following of this business.

Reason for selling:

Seller wants to retire.

Support & Training:

Will train for 1 week @ no cost The restaurant serves breakfast and lunch, all dishes made from scratch with a solid menu and various specials from time to time. No special licenses or permits required other than the normal health department requirements for food service businesses.

Contact Business Seller

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Business Listed By:

David Hamm

Murphy Business Brokers