781 REDUCED Restaurant and Bar in Decatur
This restaurant has been open for 20 years with the same owner. Last year’s gross sales was 1.28 million. Restaurant is on an end cap with great visibility approximately 3800 ft.² and seats 140 with patio. Rent is low at $7450 monthly which is less than 7% of gross that includes cam garbage and water. Priced to sell fast at 345,000 with some financing to a qualified buyer. JUST REDUCED TO $295,000. Owner must sell!
I have known Steve for 18 years. His knowledge of the hospitality industry has been indispensable in acquiring, evaluating and selling a variety of restaurant concepts I’ve started. If you are starting, selling or buying a business take advantage of Steve’s unique skills and abilities.
I just need to say how lucky I was to find the best and most knowledgeable business broker, when it comes to restaurants and bars. Steve’s expertise and attention to every detail of the business, even including the grease trap to insurance, amazed me. Your industry experience enabled you to skillfully negotiate with the buyer and appease the landlord at the same time. Again I can’t thank you enough for how confidential the sale was completed, not one employee or customer was aware of the sale.
I would be happy to recommend Steve as the highest in honesty, integrity and willingness to tell it like it is. He will go the extra mile to insure a smooth transition of your business.
I wish to sincerely thank you for the personal time and attention you afforded us from the time of the listing to the close of our business. My wife and I are appreciative of your help and guidance you provided us from day one, till the closing table. Steve everything you told us almost happen exactly like you predicted it would. A crystal ball, I don’t think so. Your experience in selling restaurants speaks volumes for you and your company.
I hope you will use this letter as a recommendation to other prospective clients that may have doubts about or have questions about your business ethics and professionalism. I have dealt with other brokers but I feel so fortunate to have you list my restaurant and have a contract on it within a two-week period of time.
Thank you Steve, I am convinced that your knowledge and persistence is the only reason why this transaction got done. I will highly recommend you to everyone I know. I will also tell them not to waste their time and money seeking other ways to purchase a business. Everyone should start with you and be sitting next to you at the closing table, within a few weeks, like I did.
I just wanted to let you know how refreshing and rewarding it was to work with a pro like you. It only took you less than 30 days to get a buyer, get a new lease from landlord and get to the closing table. I am convinced that there is no one in your field that could have accomplished, what you did, in such a short period of time.
Let me thank you again for your diligence in getting my little restaurant sold. If you need any recommendations, I would be more than happy to do so.