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RESTAURANT FOR SALE for sale in WASHINGTON , NC

WASHINGTON , North Carolina (NC)

Asking Price: Gross: Cash Flow:
$ 250,000 $ 351,230 $ 50,000

Furniture and Fixtures Value:
$ 28,726 (included in the asking price)

Inventory Value:
$ 10,000 (included in the asking price)

Business Summary:
BUSINESS OPENED IN JULY 1994HAS COVERED DECK OVERLOOKING PAMLICO RIVER ,SERVES LUNCHMONDAY THRU SATURDAY 11A TILL 2:30P, SERVES SUNDAY BRUNCH10A TILL 2P, HAS GREAT REPUTATION, HAS LOYAL PATRONSTOURIST TRAFFIC APPROXIMATELY 20%, ALCOHOL SALES BEER &WINELESS THAN 5%. GREAT CATERING REPUTATION APPROXIMATELY 25%A GREAT BUSINESS FOR SOMEONE WANTING TO DO DINNER WITH A BAR.SALE INCLUDES EQUIPMENT & INVENTORY.

 

   
Year Business was Established: 1994
   
Number of Employees: 12  
   
Facilities / Terms of Lease: WILL HAVE TO NEGOTIATE PROPERTY OWNER WANTS FOOD SERVICE THIS LOCATION,OWNER IS GOOD TO WORK WITH  
   
Potential Growth/Expansion: MANY OF OUR CUSTOMERS WISH WE WOULD OPEN AT NIGHT WITH WHITE TABLE DINNERS & BAR  
   
Competition: ONE DINNER WITH OYSTER BAR TWO WITH LUNCH DINNER & BAR ONE STEAK ONE UP CLASS DINNER  
   
Owner willing to finance: YES , TERMS TO BE DETERMINED  
   
Owner willing to train: YES  
   
Reason for selling: TIME TO RETIRE  
   
This business is Home Based.  
   
Seller Reference Number: bm327552882
BusinessMart.com Listing Number: 144779
 

 

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