Business Summary:
This small-town, well-run, family-operated restaurant has established itself in a niche market with little competition in the surrounding area. With annual increases in gross sales over the last three years, the restaurant is on track to again increase 14% by the end of 2008. The total price of $460,000 includes real estate valued at $250,000 (per 2008 appraisal) and the business valued at $210,000 (only two times earnings!). The facility is exquisitely maintained, as are the fixtures, furniture, and equipment. This is truly a turn-key business opportunity for an owner/operator or an absentee owner. The sellers have other, existing business interests (not related to the restaurant) to concentrate on, and have priced this business to sell quickly. Restaurant is 3,600 sq. ft. with an additional 2,040 sq. ft.
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