Buy a Business

Breakfast Lunch Deli Style - Excellent Downtown Location For Sale

Details: Asking price:$75,000; Sales revenue:$250,000; Net profit:$50,000; Fixtures value:$80,000; Inventory value:$5,000

Business description: This breakfast-lunch restaurant was opened over a year ago and the sales have been increasing since. It is in a downtown locastion that is very desireable. While there are other restaurants in the area there are none of this type. The menu is very diverse.
There is another restaurant which is in another area with the same name and menu - that owner took in a partner who runs the new location. Unfortunately, the two partners are not getting along and they have decided to sell it. The name can either stay or go according to a buyers wishes. The current owner is not in the kitchen - he just manages. Even though sales are increasing, they could increase more with some good marketing and promotions.
All the equipment was purchased new for the store and is in excellent condition. This is definitely a good purchase for someone who was interested in this kind of business.

General information: Years established:1 1/2; Employees: 6-8; Trading hours: 7am-2:30pm Mon-Sat and 8-4 on Sunday; Location:Major street in prime downtown location; Expansion potential:Definitely room for more business buy promotions, increasing the tables in the restaurant. It really must be seen to realize what can be done with it.; Competition / Market:There are many other eating establishments around but none that serve breakfast nor have the type of menu that they do.; Support & training:Seller will give buyer whatever he feels he needs in the way of training.; Reasons for selling:Partnership dispute; Financing available?Either SBA Financing available or possibly seller.