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Updated about 7 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Nick Edwards
  • Lender
  • Atlanta, GA
1
Votes |
11
Posts

Canton Ohio Turn Key Profitable Restaurants

Nick Edwards
  • Lender
  • Atlanta, GA
Posted

Type of Business: Three High Volume Restaurants. The restaurants are a combination of Quick Service and sit-down.

Size of Restaurant: Each restaurant building is approximately 3,500 SF. All three have large parking lots. The real estate is also for sale.

Key Points:
• Family owned for 50 years.
• Combined Gross Sales over $7,400,000.
• $2,500,000 in Sellers Discretionary Earnings.
• Fully equipped restaurants, designed for high volume.
• The restaurants are in very good condition.
• Turn Key Business with a long history of steady cash flow.
• Restaurant Management in place.
• Great Brand recognition in the local communities.
• Excellent growth potential.

Asking Price:
The Restaurant businesses: $12,750,000
The Real Estate is being marketed by Jones, Lang, LaSalle.
The asking Price is $3,800,000
The combined Business and Real Estate asking price is: $16,550,000

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