Family Restaurant-Well Established!

File# C2526
Location: Troy
Business Price: $175,000
Down Payment: $75,000
Monthly Payment:$1,933.28
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $395,000
Source: Seller
Cash Flow: TBD
Source:
Inventory: $2,000
Days Open: 7 days
Business Hours: Mon-Fri 8am-8pm, Sat-Sun 8am-8pm
Seats: 56
Parking: ample-Strip Mall
Licences Required:Sales Tax/Serve Safe/Health Dept
Year Established:2008
Year Acquired: 2011
Monthly Rent:$3,979 + CAM (approx. $1,000 per month)

Profile:

This is a great opportunity to own a well established family restaurant, in a good location of Troy. This Restaurant was established in 2008, present owner has been since 2011. Owner will assist in a smooth transition. There are 4 full time employees, including the owner plus 4 part time employees. There is opportunity for additions in the menu and extended hours. Menu is in file.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.