Business Description: This is one of the longest established restaurants in Allen County. Repeat business and consistent good food and service has made it a staple in the community. It has a grandfathered liquor license with all of the benefits.
Location: Allen County
Real Estate: Included in asking price
Facility Description: This restaurant is one of the oldest establishments in the area.
Asking Price: To be shared with interested buyer
Gross Income: $1.25M+
Seller’s Discretionary Income: $100,000+
EBITDA:
FF&E: Equipment appraisal of $77,000 plus liquor license
Inventory: TBD
Real Estate: Recently appraised and will be shared with interested buyer
Established: Over 50 years old
Employees: 22-23
Competition: The competition is the finer dining restaurants in town, but none compare to this one.
Growth & Expansion: Open on Sundays and expand catering service that is in place.
Owner Involvement: The owners are not actively involved in the business other than accounting and overseeing certain things. They have a very good manager.
Support & Training: TBD
Reason for Selling: Will be shared with interested buyer
Seller Financing Available: Owner will carry a contract with down payment to a qualified buyer.