Flagstaff Restaurants For Sale
Breakfast-Lunch Business For Sale in Flagstaff Area
If you're looking for a great turn-a-round story to write where you don't need to worry about bringing in the customers, because they're coming in to this breakfast and lunch restaurant that servers great food at a reasonable price, then you must look at this wonderful restaurant opportunity. And if you're looking for a restaurant that fits your lifestyle of free time and leisure, then again, this is your dream because the store is open 7.5 hours a day! And finally, if you're a "fix it" restaurant person, then here is your dream!
All the hard work is done here and all you have to do is get the food and labor costs under control. The customers are here! The current owner has taken his eye off the ball. The 2012 revenues were about $657,000 for this 2,400 Sq. Ft. restaurant with a good adjusted net. But in 2013, the food costs areup and running at 33.3% of sales while the labor costs is running 36.2% of sales. Ouch! Both are high! Knock 5% off the food and 10% off the labor, and you've got a very profitable restaurant. 15% of annual revenue of $657,000 is nearly $100,000 of additional profit available to a good operator! This suddenly becomes a $300,000 store after you finish tuning it up!
So are you up for the challenge of making some great money if you're a great operator? And at this price, you can't pass this deal up! The owner hafter 30+ years in the business has lost his passion.
A Paramount Restaurant Broker, Inc. Listing.
Broker Michael Shanley DRE License #BR035540000
Lease
Financials
Operations
Facilities
Highlights
- Breakfast Lunch Location
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 29,773 |
| Households | 5-mi |
| 2010 Number Of Households | 16,311 |
| 2010 Persons Per Household | 2.41 |
| Median House Value | $264,200 |
| Income Per Household | $46,991 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 1,403 |
| 2012 Number Of Employees | 31,164 |
| 2012 Total Annual Payroll | $509,408,000 |
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Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that MJS Business Sales, LLC. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.