Broker Name:Steve Hitchcock
Broker Email:steveh@touchstonebiz.com
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40 Year Family Restaurant - Real Estate For Sale
(Restaurants, Pizza Restaurant)
Grand Junction, Colorado
Listed Price: $ 220,000
Listing ID: 201842

Listing DetailsGross Revenue: $ 529,000
Cash Flow: $ 95,000
FFE: $ 150,000 (Included in Price)
Inventory: $ 10,000
Reason for Sale:

Returning to unrelated career.


Training & Support:

Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations. 


Listing SummaryBusiness Description:

This is a busy and profitable restaurant with more than 40 years of successful family ownership behind it.  The signature product is a Detroit style square pan pizza and that is a crowd pleaser!  The business has focused on providing lunch and dinner to downtown customers.  Walking distance to the downtown shopping and nightlife area.  The location enjoys high visibility from a busy street and excellent parking.

 

This restaurant is large enough to produce a nice income for an owner operator and small enough for a hands-on operator to run easily with a few staff.  The current owner stepped in when the founding generation wanted to retire.  She has maintained outside consulting work and now would like to return to that work full time.

 

This business enjoys a prominent location with good visibility just off Main in the center of town.

 

 

Please Note:  Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the means to complete a transaction of this size before additional confidential information will be disclosed.


Competition:

There are many other restaurants in the Grand Junction area.   


Potential Growth:

The addition of some higher priced menu items could grow sales.  Returning to seven days per week would increase sales.


Financing/Terms:

Seller prefers a cash buyer.


LocationFacilities:

Owned.  Seller prefers to sell the property with the business but will consider other deal structures.


OperationYear Established: 1978
Absentee Owner: No