Profitable Restaurant For Sale

Location: United States -> Maine -> Penobscot County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale Summary

Profitable continental restaurant for sale in prime location. Located on busy arterial. Full bar. Building was completely refurbished in 2005 prior to grand opening, and a building addition was completed in 2007. Large, ergonomic kitchen, dining room seating for approximately 100. 40+ parking spaces. Computerized order entry system minimizes shrinkage and makes tracking sales a snap.

Restaurant is known locally for serving large portions at fair prices. If you are looking for a profitable restaurant to pursue your culinary aspirations, look no further. This experienced restauranteur will train you, and will even provide partial financing. Please email or call Yehoshua Mizrachi at 207-469-5197 for additional information.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   $800,000
Cash Flow:   $214,720
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $155,000
Seller Financing:  Yes

About The Business

Year Established:  2005
Number of Employees:  6 – 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  30 days full time included.
Reason For Selling:  Other business interests.