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.
Financials
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.
