An established profitable specialty burger restaurant located in a high traffic area of HRM is available for a new owner to reap the rewards of this great business. Keep the existing operations or change up the concept, this is an excellent location and has most everything needed for a successful food service.
The current owner has found himself without the passion required to dedicate his time. This leaves a great opportunity for someone to take this business and increase its revenues, cash flow and value.
The business has five employees and is open from 11:30 am to 9:00 pm every day. The current owner is work Monday - Friday approximately 30 - 35 hours in the business and has been able to take many weeks of vacation each year.
3-Year Average Revenue: $460,000
3-Year Average Seller's Discretionary Earnings: $108,000
Real Estate - leased space of 1,920 square feet. A new lease can be negotiated. The owner has recently finished a five-year lease and is operating month to month.
DealStream.com is an online community for dealmakers with over 100,000 active members in 100 countries.
Our members include entrepreneurs, corporate executives, private equity groups, business brokers, investment bankers, and M&A advisors. They use our website to buy businesses, sell businesses, and expand their professional networks.
If you are looking to buy a company or buy a business, we offer a searchable database with over 15,000 listings of businesses for sale, companies for sale, and franchises for sale. We have a lot of listings for middle market businesses for sale and large businesses for sale.
If you are looking to sell a company or sell a business, you can list your business for sale for free and reach thousands of business buyers and intermediaries.