Well Established Restaurant! REDUCED!
| Asking Price: | $980,000 | Inventory: | $15,000 ++ |
| Gross Revenue: | $1,160,000 | Real Estate: | $1,000,000 ++ |
| Cash Flow: | Not Disclosed | FF&E: | $110,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is a rare opportunity to buy a profitable, niche restaurant in an upscale market with much upside potential. The right owner could come in, make a few improvements, and almost immediately increase revenue. This restaurant is well equipped, well organized, and profitable. Additional Info Available Upon Completion Of Confidentiality Agreement.
About the Business
Year Established:2001
Employees:25 full time -
Facilities:Intimate Bar Area. Fully Equipped Kitchen. 2 Separate Dining Areas Seat A Total of 275 Customers. Nice Paved Parking Lot. 8,900 SF Building Located On 1.3 Acres. Good Condition Inside And Out. Furniture, Fixtures And Equipment: Includes All Kitchen Equipment Including Large Walk-In Cooler, Brand New Beer Cooler, New Sandwich Station, Walk-In Freezer, All New Air Conditioners, Monitored Alarm System And CRS POS System.
Market Outlook and Competition:Full Service Restaurant, Located In A Unique Location, Offers Opportunities For Increased Revenue. Currently A Specialty Niche Restaurant With A Diverse Menu. Restaurant Even Draws Customers From Surrounding Areas (Brentwood, Lebanon, Springfield) Due To The Type And Quality Of Food Offered. Restaurant has Very Little Employee Turnover The Average Server Has Been Here 5 Years! Employees Are Cross-Trained And Versatile. Growth/Expansion: 2007 Sales: $1.3 Million. In 2007, Liquor Sales Were Approximately 16% Of Gross. Many Opportunities To Increase Revenue. Current Owner Has Done Very Little Advertising. Scenic Location Would Lend Itself To Outside Eating Area. This Is One Of A Very Few Restaurants In The Area With Enough Seating To Accommodate Large Groups.
About the Sale
Reason For Selling:Owner Is Relocating Out Of State To Be With Family.
Seller Financing:Negotiable
KEYWORDS: Restaurant, Specialty, Profitable, Established, Successful
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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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