Outstanding Lake Area Franchise

Location: United States -> Kentucky -> Montecello
Industry: Food and Beverage > Other Food and Beverage

Businesses for sale Summary

This well established franchise restaurant for sale is in a beautiful lake area. Restaurant is profitable and a great investment. Current owner’s benefit has averaged $90K for the last three years. With revenues for 2007 just under $500K. This is a perfect owner/operator restaurant opportunity which falls into SBA lending guidelines. Owner wishes to retire after a very successful 20 year relationship with this family oriented diner style franchise. Asking price of $950K includes all FF & E, Real Estate and Building. For Non-Disclosure/C.A. email or call 423-566-5575.


Asking Price Range:  $500K – $1.0M
Gross Revenues:   $500,000
Cash Flow:   $90,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2003
Number of Employees:  10 – 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks Corporate / 2 weeks Owner.
Reason For Selling:  Retirement.