Tupelo Data Room
American Restaurants, Diners
Active

Need Owner Financing? No Problem - Breakfast & Lunch Business

Georgia, United States
Asking Price$700k
Revenue$1.10m
EBITDA$245k
Cash Flow$245k
Description
OWNER FINANCING FOR QUALIFIED BUYER-LOWER THAN BANK RATE-Serving Oconee & Clarke Counties - 2022 Gross Sales of $1,132,553.00. Looking for really impressive cash flow - $245,000/Annual - Long established rest. Serving southern food breakfast & lunch. Second generation owner. Great working hours - holidays closed. Consistent repeat business and favorite of locals, blue-collar clientele. FF&E included in purchase price. Approximately $4,000 inventory included. Stable Employees - Easy accessible location with approximately 50 parking. Approximately 4,188 sq.ft and seats approx. 99. Plenty of Upside. Great Reputation! Great Reviews! Great People! Great Customers! No competition in immediate area! HOOKED AFTER FIRST VISIT - REALLY!
Inventory
$4kIncluded in Asking Price
Reason Selling
Owner is Retiring
Facilities & Assets
Established over 60 years, seats approximately 99, includes one van, approximately 50 parking spaces. Lease is $3,500 per month with terms negotiable. Located on main highway with quick access to major road. Stable Employees.
Support & Training
Owner will provide 2 weeks of training if needed with 30 days phone consultation.
Market & Competition
No Competition within 25 miles. Strong Customer Base. Multiple manufacturing plants, car dealerships, large blue collar services; all with tremendous service employees within minutes of restaurant.
Growth Opportunities
Plenty of upside - Ask about ways to increase the business - Very simple & Basic. Owner does not want to do more business than currently doing. The demand for increased castering is incredible but Owner does not want more. DO YOU?
Financing Options
Seller financing is available.Financing available qualified buyer only - you won't find this flexible anywhere! -
Related Categories
American Restaurant for Sale
Diner for Sale
Business for Sale in Georgia
Asking Price$700k