What is the current gross revenue for this restaurant?
The current gross revenue being generated is estimated at $1,226,000.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
The seller is offering financing of $100,000. Terms to be discussed. Need more money?l Financing Options Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance.
Is the restaurant property owned or leased?
Currently the owner leases the property. Lease terms remain at $3,000 per month for 3 years. New owner must be approved by the landlord. Note: New buyer will negotiate and sign lease terms with the property owner.
Where is the restaurant located?
Located in Aldan, PA. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
Current list of equipment includes: 1 Turbo Chef, 1 Hood/Ansel System, 1 six burner gas range with single oven, 1 double convection oven, 1 walk-in refrigerator box, 1 walk-in freezer box, 1 two door commercial freezer, 1 three-bin sink, 1 5′ seafood Bain Marie, 1 5′ sandwich Bain Marie, 3 stainless work tables, 1 small ice cream freezer, 1 long worktable with bread box, 1 First Data POS System (Utilizing Dinerware Software), 1 5-bin gas steam table with heat lamp shelf, 1 slicer, 1 commercial mixer, 1 commercial conveyor toaster, 2 long stainless steel server tables, 1 two bin soup warmer, 1 glass sliding door beverage case. Estimated Value is $55,000.
What size and how many customers can this restaurant seat?
Restaurant is 2500 sq. ft. and seats 84 inside.
Does this restaurant currently have a beer or liquor license?
No, there is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service?
The restaurant currently offers a delivery service but not a drive-thru.
How long has the seller owned the restaurant?
Seller has owned this restaurant for 7 years.
Why is the owner selling?
Owner is pursuing other business opportunities.
What are the hours of operation?
This restaurant is operated from 6am to 8pm, Sunday-Monday and 6am – 9pm, Tuesday- Saturday.
What type of neighboring business are in the area?
Currently this plaza has the following businesses: Pizza Restaurant, Dollar Store, Tax Preparation Office and more.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Established diner with loyal customer base! Turnkey and move in ready. Includes the cost of all equipment worth an estimated $55,000. Plenty of opportunity to increase revenue. Priced at $495,000. Contact Us About This Restaurant Here!