Successful Historical Restaurant For Sale

Business description

Historical landmark and established profitable restaurant. Open 2 1/2 years and growing rapidly.

Property information

Lease terms:

Presently owned by the operator.
Rent $8000.00 a month plus utilities.
Presently the Executive Suites bring in $3000.00 a month.
Over 1M a year.

Living accommodation:

2300 hundred feet and renovated living with all the modern upgrades. Granite counter tops, maple kitchen and the list goes on.

Location:

Main Highway.

Other information

Expansion potential:

Approved for rooms and further expansion as a country Inn.

Competition / Market:

No threats growing in great leaps and bounds.

Support & training:

Sysco foods supply all training. Owner well known in community will stay on for two years at $60,000 per year 40 hours per week.

Reasons for selling:

Older owner with 5 year old son and wants to spend more time with him.

Trading hours:

Tuesday to Sunday 11Am-9Pm

Financing available:

$400,000 cash $300,000 secured

Furniture / Fixtures value:

$200,000

Inventory / Stock value:

$60,000

Website:

www.burnhammansion.com

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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