- Property ID: 383
- Date added: 10/26/21
- Broker: William Goss
- Asking Price: $ 1,000,000.00
- Revenue: $ 1,200,000.00
- Cash Flow: $ 236,000.00
Family Restaurant, Ripley County, Indiana
Destination Family Restaurant
Family-owned casual American restaurant. Provides high quality,fresh food with top of the line personal service at reasonable prices. Seats 140 happy diners located at the intersection of 2 major highways, 60% of customers are local 40% are travelers.
The restaurant is a popular destination for travelers across the Midwest. Contact William L. Goss for more information, 317-575-9000.
Employees: 125 FT, 12 PT
Facilities: 6,000 Sq. Ft. building
Real Estate: Building sitting on property that has space to build a 40-60 room motel
Growth & Expansion: The owners have conducted a feasibility study on the property and it is suitable for the expansion of a highway motel for 40-60 guests on the site.
Financing: Seller financing available at 6%
Support & Training: Owners would provide for a smooth transition of ownership
Reason for Selling: Retirement