* PRICE REDUCED *

This profitable family-owned restaurant with a scenic location proudly serves travelers and the local community. They offer a diverse menu of American food and hand-tossed pizza served in a friendly environment with prompt service. Overlooking the water is a year-round outdoor seating area with patio heaters.

Sales have grown consistently over the last four years and include profitable takeout and delivery services. 2023 revenue was an all-time record and reflects growth of almost 40% compared to 2019 before Covid. The building is in good condition with a recently replaced roof, new façade and updated kitchen equipment. The business is priced for quick sale and the owner is willing to transfer ownership after a conditional liquor license approval. 

Details:

2023 Revenue:   $1,100,000
2024 Ytd Sept Revenue:   $850,000

2023 SDE: $146,000
2024 Ytd Sept SDE: $181,000

Real Estate: 3,500 square feet on 0.25 acres; $220,000 estimated value
Employees: 25 full and part-time

Investment Highlights:

• Scenic waterfront setting with outdoor seating
• Consistent sales growth and profitability
• Located near a major interstate

Growth Opportunities:

• Double or triple the outdoor deck space
• Install serving window to capitalize on new park being developed on the adjacent property 
• Evaluate extended hours

Support & Training: Owner is willing to assist the transition

Reason for Selling: Focus on other opportunities