Sold. Location! Location! Location!

Located in one of the best and busiest positions near Auburn University, this unique restaurant has created a good branding and local reputation. There is a retail area of approximately 1400 sq ft (approx 80 diners inside and 6-8 diners outside) and a small office to the rear. In addition to the ample street parking there are 4 parking spaces at the rear and we are told that there is also potential room for expansion. All equipment is owned by the seller and is included in the sale.
The majority of the customers are AU college students, faculty and staff and local residents with some additional passing tourist trade. Although current revenues are increasing each month, there is still scope to dramatically increase the turnover in this heavily populated area. In our opinion the business offers tremendous potential for further increase. The business is only being offered for sale due to family commitments and because the owners wish to concentrate on their other restaurant. A great opportunity to purchase a stable and well established turn key business in an outstanding location!

BUSINESS HIGHLIGHTS
+ 8 years of goodwill
+ Prime location
+ 3 yrs remaining on renewable lease $1700/month
+ High footfall location near major University
+ Stable history of profitability
+ Gross revenues in excess of $300,000
+ Trained staff are willing to stay
+ Excellent reputation and branding
Detailed Information

Facilities:
3 year renewable lease. 1400 sq ft restaurant area. Ample public parking in high foot traffic area.
Competition:
Unique menu. 90% of customers are repeat customers!
Growth/Expansion:
Plenty of opportunities to improve revenues. Please call broker for more details.
Support/Training:
Training and handover period of four weeks.
Reason Selling:
To concentrate on other restaurant and to have more time for family.