Long Standing turn Key restaurant

Location: Topeka, KS

Cash Flow: $137,736

This very popular American Style Restaurant on a main street in Topeka has been in business for over 30 years with continued steady success. A true turn-key business with good employees in place. There are many loyal repeat customers, and new ones every day. It is close to lots of office, medical, and retail business to feed their hungry customers and employees. The Restaurant has many 5-star reviews over the years. Business is only open until 8 PM each night and Closed on Sundays. Current owners only work part-time each and have trusted staff to close in the evening. For more information on this Restaurant for sale in Topeka Kansas, Contact Jeff Hofflander at 800-390-1886.

Building Option

Building and land can be purchased through a separate transaction directly from seller instead of leasing if buyer chooses to.  

Business Information:

Established:    1990

Location:       Topeka, Kansas

Reason for selling:   Retirement  

Employees:       3 Full-Time 12 Part-Time 

Support from Seller: Seller is flexible for transition time for buyer and is open to options. 

Opportunities: Open on Sundays. Purchase Building and lease other part of property for rental income.

Owner involvement: Both sellers work part-time equal to one full time person. Both work support and sometimes cook.   

Financing Example

Purchase Price:      $395,000

Down Payment:       $79,000

Loan:                          $316,000

Financing options could be SBA or a conventional loan. There may be other options with such a high amount of real estate and equipment.

Your Next Step

1. Contact Jeff to schedule a meeting or conference call with the seller, to request financials, or for any other questions.

** DO NOT CONTACT SELLER OR VISIT WITHOUT PERMISSION FROM US**

2. Submit a contingent Offer-To-Purchase

3. 30-60 days to complete due diligence

4. Close on the business when all your contingencies have been satisfied.