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Location: Montana
Business Revenue: $540,000
Cash Flow to Owner: $190,000
Price: $525,000
Business Description
This is a rarely seen opportunity in the restaurant industry. For over 30 years, this family run restaurant operates with few employees and has a wonderful record of financial success. If you are willing to work hard, this opportunity will provide financial success, pride of ownership, and even closes two days a week. The real estate is included and owner will train.
Inclusions
Sale of this business includes real estate, all equipment, covenant not to compete, business good will, trade name (very important), and complete business model.
Employees/Hours
Total of 3 employees plus owner. Restaurant serves lunch and dinner and is open five days a week.
History
The restaurant has been family owned for over 30 years. It has a long history in Montana and has established itself as the number one restaurant in its class.
Real Estate
Real estate is included in the sale price of $525,000.
Equipment
All equipment, signage, etc, is included in the sale. Prospective purchasers may receive an equipment list upon proper signing of non-disclosure form.
Financial Information
Basic financial information is available upon the signing of a non-disclosure and confidentiality form. Additional financial information will be made available after the prospective purchaser has toured the business and has submitted proof of being financially capable of purchasing the business.
Additional Information
Purchasers for this restaurant should be financially qualified and be willing to work long hours on some days., although the restaurant does close two days a week. Growth could easily be attained by being open more than five days a week and staying open later, especially on weekend nights. A purchaser who purchases the business and continues to operate it as it has been for the past several years will enjoy the following benefits:
- High income: The restaurant has been very profitable over several years.
- Time Off: Unlike other restaurants that are open seven days a week, the owners enjoy two days off a week, and many long weekends, taking 4-5 days off at a time.
- This business is run with very few employees.
- Financial Security
- No accounts receivable to collect or delinquent customers
Sale Price Terms
$525,000 includes real estate. Owner prefers cash, may consider a small second depending on buyer qualifications.
Tours of the Business
All information and an appointment to tour the business can be obtained from Tom Emerling at Yellowstone Business Acquisitions; (406) 655-4241.
Confidentiality Policy (Please Read)
No information shall be disclosed without the signing of a non-disclosure agreement which may be obtained from Yellowstone Business Acquisitions. Buyers shall qualify financially upon the submission of a purchase agreement for this business.
Contact Information
Tom Emerling
Yellowstone Business Acquisitions
3302 4th Ave. N., Ste 115 • Billings MT 59101
Phone (406) 655-4241 • Fax (406) 294-4243
www.yellowstonebusiness.com
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