This esteemed American restaurant, a beloved staple since its establishment in 1956, presents a unique opportunity for a new owner. Operating with a consistent schedule of 6 AM to 2 PM, six days a week, it boasts a high volume of patronage, nurtured under the same ownership for an impressive 48 years.
Housed in a free-standing building, complete with its own parking area, this restaurant enjoys an excellent location in a high-income neighborhood close to the beach, offering the potential for expanded business hours to include dinner service. Despite its longstanding success and excellent reputation for high-quality food—a legacy that has attracted generations of customers—the restaurant currently maintains a limited presence on social media, suggesting an area ripe for growth.
The current owner, who has managed the restaurant part-time due to commitments to a full-time job, has upheld the establishment`s tradition of excellence. The restaurant is renowned for its dedication to quality, which has solidified its status in the community.
The major monthly expenses include rent at $6,000, food costs at approximately 33% or $41,000, labor costs at $50,000, utilities at $4,000, and insurance at $3,000. This operational overview indicates a well-run establishment with a clear financial structure, making it an attractive investment for those looking to own a piece of local history with the potential for further growth and development.
한국어 (562) 402-2606
VR Business Brokers
WWW.BIZBIZBIZ.COM
WWW.VRBUSINESSBROKERS.COM