Business Summary:
Rare opportunity to own an old Fashion Grill & Malt shop on the busiest & most visable corner in downtown historic Stillwater. The restaurant is in its 9th year of business and sales have grown each year. Owners relocating out of state makes this opportunity possible. Restaurant seats 50 inside plus has a 36+ seat outdoor patio with river/park view and has untapped future potential. This is a turn key business with good cash flow. The restaurant has a great reputation and is popular with both tourists and locals. Building/propety would also be available for purchase is buyer is interested.
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| Year
Business was Established: 2000 |
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| Number of Employees:
23 |
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| Facilities / Terms of Lease:
$2500 rent (plus taxes & utilities) - 10-15 year lease available. Option for 1st right of refusal to purchase building in lease. Building/property currently available for purchase if interested. |
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| Potential
Growth/Expansion:
Several untapped areas of potential. Outdoor patio not used much -currently only serve lunch & dinner, new owners could expand to serving breakfast - evening & winter hours could be extended |
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| Competition:
no other malt shop within 20 minutes |
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| Owner
willing to finance:
cash, make offer |
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| Owner
willing to train:
willing to train 30 days |
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| Reason for selling:
Owners relocating out of state |
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Seller Reference Number: bm85761328
BusinessMart.com Listing Number: 39959 |
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