Business Summary:
Selling completely gutted and renovated restaurant. Has 7,000 sq. ft. with large and small banquet rooms, for multiple events at one time. Up 40% in banquet bookings in 2016 so far and 26% increase in restaurant sales from same time last year. Only open for breakfast and dinner has 2,000 sq. ft. commercial kitchen and liquor license.
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| Year
Business was Established: 2 |
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| Number of Employees:
10FT/5PT |
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| Facilities / Terms of Lease:
7000 sq. ft. renovated 18 months ago in excellent condition, with plenty of parking and a 2,000 sq. ft. commercial kitchen plus storage areas. |
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| Potential
Growth/Expansion:
Can open for lunch, utilize the banquet room more, and expend the outside catering portion of the business. |
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| Competition:
Not much combining restaurant/catering and live entertainment in area |
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| Owner
willing to finance:
3-5 year payout at prime + 2% |
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| Owner
willing to train:
Two to Three weeks |
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| Reason for selling:
Does not want to own two restaurants |
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Seller Reference Number: 5818RK
BusinessMart.com Listing Number: 195997 |
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