Summary
- Asking price:
- $200,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $352,000
- Cash flow:
- $53,000
- Years established:
- 10 years
- Employees:
- 12
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Business description
This wonderful unique restaurant offers homemade ethnic food that is exactly what Grandma used to make. A full menu offers several varieties of pierogies. And, unique to this establishment is a delicious trademarked pierogi. The family opened the business in 2001 after finding over and over again that everyone was tired of "fast food" and were craving old-fashioned cooking - without all the work and mess! And with their Grandmother's recipes they started the process and the rest is history. This restaurant does excellent business in hosting an establishment that makes the mouths water of their patrons that come to enjoy the delicious food and wonderful staff.
There are very few businesses that sell their type of homemade food. The closest is 20 miles away. They offer a unique style menu which is old world family recipes from Eastern European origin. There is room for expansion in numerous directions for this business. The building they are housed in is only 5 years old and located off of a State Highway. This is a well recognized business in their city and are proud of their reputation for great food and service. Don't pass this listing up! Call today for more details.
This restaurants primary business activity is selling and manufacturing homemade ethnic foods.
Property information
- Real Estate:
- Lease
- Premises details:
- They are located in a development that is only 5 years old, and are directly located off of a main highway from the city. There are several hospitals, hotels and a large mall nearby. The Building has a Kitchen with a small desk area, 10'x30' dining area and a 750 sf storage area. There is also a walk-in freezer and cooler 6'x10' ft each. These walk-ins are owned by the landlord.
Other information
- Expansion potential:
- There are many possibilities here for a new owner to increase profits, a few being to hire additional staff and staying open for longer hours, increasing menu selections, opening additional locations in high traffic areas, increasing catering menu/service, offering delivery service to businesses and homes, extensive advertising on television and radio and acquiring state liquor license and offer beer/wine sales. Additional profit centers could be to develop wholesale sales with grocery and convenience stores and restaurants, offer product shipping to out of state customers, hold cooking demonstrations and/or classes and gaining exposure on The Food Network/Cooking Channel.
- Competition / Market:
- The main reason customers choose this establishment is their excellent ethnic food and menu, not to mention the staff that treats you as family. The business has succesfully brought in customers using print, radio, internet, and TV advertising.
The Closest Competition is 20 miles away
- Support & training:
- Owners will stay for a reasonable transition to acclimate new owner to the business, the area and the menu. All staff would prefer to stay on after the sale. Several of the employees are Food Safety Certified.
- Reasons for selling:
- Health
- Trading hours:
- Hours: Mon - Fri 10am-7pm,
Sat. 10am-4pm,
Sun. Noon-4pm
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- 20% financing is negotiable.
- Furniture / Fixtures value:
- $175,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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