Family Restaurant, 24 Years Strong
Location: Arizona > Maricopa County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $534,000
Gross Revenue: $641,498
Gross Revenue Comments: 8 Months January through August
Cash Flow: $211,806
Cash Flow Comments: Owner Net Cash Flow for 8 Months
Inventory: $15,000 (Included in Asking Price)
FF&E: $50,000 (Included in Asking Price)
Seller Financing: Yes, Seller will carry a portion of the sale for a qualified buyer
Business Summary
Well established semi-absentee run family restaurant in a good neighborhood. Business has a strong repeat customer base and nice furnishings. Business is open for breakfast, lunch and dinner. They serve a great home cooking style menu similar to Denny’s but with more menu selections and great daily specials that keep the customers coming back again and again. Business was purchased in November of 2006 by Seller who now wants to return to California to be with family and his other business. This is a good business with an even greater potential.
About the Business
Year Established: 1983
Employees: 22 full time - 21 part time
Facilities: 4,400 Sq/ft. restaurant in a nice neighbor with great roodside frontage. Business is well established. All equipment is good working condition, restaurant was recently remodled.
Market Outlook and Competition: Market outlook is very good. especially for a new owner operator. This business has a very strong future and sales and profits could be increased with the right owner.
About the Sale
Management Training and Support: Seller will familarize buyer for 30 days included in the price.
Reason For Selling: Seller recently purchased this business and relocated from California to Arizona. Now his wife and family wants to move back to CA to be with their family and the other business the Seller owns in Califonia. Seller runs this business semi absentee.

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Listing Tools
BizQuest ID:865295
Seller ID:081401 Family Restaurant
Business Listed By
Name:Rick Anderson
Company:BETTER & BETTER INVESTMENTS, INC.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.