Turnkey Restaurant with Seller Financing And Long Lease For Sale

Description

Restaurant business for sale with a long operating history, positive cash flow and a lease running through December 31, 2033.

Financial profile

• Asking price: $450,000
• Seller financing available for up to 30% of the purchase price
• Positive cash flow
• Low debt levels reported by the seller
• 2024 results available for review

The seller reports that the restaurant remained profitable through 2024 despite higher labor, food and occupancy costs.

EBITDA is described as healthy relative to the current asking price, but buyers should confirm the exact calculation and any owner adjustments before relying on it.

Operations

The business has an experienced staff and operating systems already in place.

Sales come from a mix of repeat local customers, dine-in traffic and delivery orders.

The current setup does not require a major turnaround, although a new owner could work on marketing, menu changes and tighter day-to-day operations.

Lease

• Triple-net lease
• Lease expiration: December 31, 2033
• Landlord approval required for assignment

The seller reports a good payment and compliance history with the landlord. Buyers should still review the full lease, including rent increases, CAM, taxes, insurance obligations and assignment provisions.

Seller financing

The seller is willing to finance 30% of the purchase price for a qualified buyer. Final terms, interest rate, amortization, security and personal guarantee requirements should be confirmed directly during negotiations.

Due diligence

Buyers should review tax returns, 2024 financial statements, POS reports, EBITDA adjustments, food and labor costs, delivery fees, debt, equipment ownership, staffing, lease obligations, landlord approval requirements and any outstanding customer, vendor or tax liabilities before closing.