Asking Price: $250,000
Real Estate: $250,000
The Black Angus has been a vital part of the Canton community since the 50’s. This steakhouse and restaurant when it was being ran by the present owner had a gross revenue of over $450,000. The business is temporarily closed as we search for the new right fit to take over this Canton staple, however, the people in town have been asking for it to reopen soon and want to support the business.
Building SF: 6,000
Furniture, Fixtures, & Equipment (FF&E): The business is fully furnished both upstairs (dining area, bar area, fully operational kitchen, event room, and bathrooms) and the lower level (event/dining area, bathrooms, office space, storage space, utility room, walk in cooler, and walk in freezer). Everything needed to effectively operate this business is included in the sale!
Facilities: The building boasts of over 6,000 square feet of space between the two levels. With an open fully furnished dining area, and a bar area with additional at and by the bar, there is plenty of space to take serve a lot of customers. The building was rebuilt in 1993 after a fire took out most of the buildings on the street around it.
Competition: There is only 2 other places that offer full menus for “sit down” restaurants in Canton, and one of them only offers breakfast and lunch.
Growth & Expansion: There is tremendous opportunity to grow this business because the community is longing for another option for good food in town.
Support & Training: The seller has strong community support, and will do what they can to help warm transfer that to the new owner.
Reason for Selling: Retirement
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