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Established Steakhouse and Family Restaurant
| Asking Price: | $900,000 | Inventory: | $40,000 ++ |
| Gross Revenue: | $1,300,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $270,000 (comments below) | FF&E: | $166,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Owner will provide | |||
| Cash Flow Comments: Owner will provide | |||
This profitable steakhouse and family restaurant was established in 2003 has been a great asset to this growing community ever since. The return has been great and the restaurant is growing steadily. A Great location just off the interstate has high visibility. Catering is offered and has given a good return. They boast of a family atmosphere with real home cooking. They use all their own recipes for the salad bar and dressings. They make their own breads and rolls. They even cut their own streaks. This is a family restaurant that could easily be franchised. Presently no alcohol is served however the possibility is available to the future owner. Call Cherrie Jacobs today @ (800) 788-7377 ext 225 or email: cjacobs@nbcsllc.com, for the details on this great restaurant with such potential.
About the Business
Year Established:2003
Employees:17 full time - 10 part time
Facilities:This 5500 sq. ft. facility on 1 acre is owned with the option to be leased or sold. There is ample parking for the customers.
Market Outlook and Competition:The area is very competitive. Growth could be obtained through increased catering. Expansion could be obtained through franchising this restaurant.
About the Sale
Management Training and Support:General manager will remain with business and owner will stay on through reasonable transition period.
Reason For Selling:Other interests.
Seller Financing:Financing will be considered for right buyer.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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