Lake Of The Ozarks Area Restaurant

Description

Breakfast and lunch restaurant for sale in a Midwest lake and vacation market. The business has been operating for more than 10 years.

Financials

• Asking price: $129,000
• Annual revenue: more than $500,000
• Currently open five days per week
• Seller financing available

The seller is motivated and may consider financing part of the purchase price for a qualified buyer.

Business profile

• Breakfast and lunch service
• Existing local customer base
• Seasonal tourist traffic
• Experienced staff in place
• Seller reports an A-rated clean facility

Local customers support the restaurant during the slower season, while business increases during periods of heavier tourism and second-home activity.

Real estate

The real estate is available separately from the business purchase.

A buyer may either purchase the property or negotiate a lease with the current owner.

Growth

• Add additional operating days
• Extend breakfast or lunch hours
• Introduce dinner service if the market supports it
• Increase catering and takeout
• Expand local and tourist-focused marketing

Due diligence

Buyers should verify historical financials, seasonal revenue patterns, food and labor costs, staffing, equipment ownership, property value, proposed lease terms and the terms of any seller financing before closing.