Buy a Business

Advert Ref: 1047-WW

Turn-key, Must See Restaurant For Sale

Details: Asking price:$165,000; Sales revenue:$88,900; Net profit:Undisclosed; Fixtures value:$67,000; Inventory value:Undisclosed

Business description: This turn-key establishment was created by the owner and opened in November 2006 as an absentee owner operation. The hired management was not productive and expensive to maintain. The owner spent $105,000 in the build-out and has receipts for the $67,000 in new equipment installed in this restaruant.

The location is outstanding, from Jan 2007 until July 2007 the business sales were in excess of $10,000 monthly and growing. The lease is $2,300 monthly through 2011.

This is a brand new turn key restrauant waiting for the new owner. A must see operation. Lots of opportunity for that right person.

General information: Years established:1 year; Trading hours: Monday-Sunday; Real Estate: Lease; Lease terms:2,300 per month; Location:1,100 sq. ft. building; Support & training:Seller will provide training; Reasons for selling:Other Business Interests; Financing available?Seller will negotiate financing