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Farm Boy Drive In (#170605)

Location: Idaho, Middleton

Annual Sales: $ 280,000
Cash Flow: $ 44,000
Asking Price: $ 379,000
FF&E: $ 50,000
Real Estate: $ 200,000
Inventory: $ 5,000
Overview

Popular DRIVE-IN RESTAURANT in Middleton, Idaho with revenues $280-320K annually. The real estate is included in the sale and consists of a quarter acre on the main street in town. The restaurant includes a large dining area, kitchen, and restrooms. There is also available seating outside. The parking lot provides abundant parking spaces. The current owner/operator is looking to pursue other opportunities. The Farm Boy Drive In has been operating in Middleton Idaho for 55 years. The Farm Boy Drive In is an iconic part of the community with a very loyal customer base.

Details
Reason For Selling:

Pursuing other business opportunities.

Year Established:

1966

Number of Employees:

8

Facilities:

The real property (land and building) is included as part of the sale. The restaurant operates in a standalone building on the corner lot of the main street in a growing community. Lot size is approximately .25 acres (13,000 square feet) and is zoned C3 Service Commercial.

Furniture, Fixtures, and Equipment:

Included in the asking price. Fair market value of $50,000.

Inventory:

$5,000 as of December 31, 2016.

Support and Training:

The seller is willing to remain with the company for training and transition.

Growth and Expansion:

Competition and Market:

Trevin Rasmussen
Bristol Group
Listing Broker
Office (208) 319-3800
Mobile (208) 230-0191
Fax (208) 248-5610
Email Trevin
Office Address:

950 Bannock Street, Suite 1100
Boise, ID 83702

By Appointment Only