Absentee Highly Profitable Restaurant For Sale
Business Description
Established American Restaurant - Absentee Owner Opportunity
This highly profitable American restaurant presents an exceptional opportunity for an investor or owner-operator seeking a turnkey food service business in Western Nebraska. Operating successfully with an absentee owner model, this established restaurant demonstrates strong financial performance and significant growth potential.
Financial Performance:
- Annual Revenue: $832,432
- Seller's Discretionary Earnings: $256,875 with management wages added back in ($181,875 under current model with minimal to no add backs). A family-operated model could certainly see $250-$300k cash flow due to the low overhead model that has been established already for the next owner.
- Strong cash flow with 28% profit margin
- Consistent revenue history with established customer base
Business Overview:
This easy-to-operate American restaurant has built a solid reputation in the local market, benefiting from minimal competition with no direct competitors within a 20-mile radius. The current absentee owner structure proves the business runs efficiently with proper systems in place.
Key Assets:
- Furniture, Fixtures & Equipment valued at $125,000
- Inventory worth $10,000 (included in asking price)
- Secure long-term lease through February 2050 (includes options, assignable to qualified buyer) at $2,774 monthly (Only 4% of gross sales! Well under 10% industry average)
- Prime location in Western Nebraska
Growth Opportunities:
Significant upside potential exists for hands-on operators through:
- Extension of operating hours
- Expansion of service offerings
- Enhanced marketing and community engagement
- Operational improvements with owner presence
The seller is willing to offer some seller financing to a well-qualified buyer, with acceptable down payment and terms. Training and transition support includes one week of assistance with additional support negotiable.
This represents an ideal opportunity for entrepreneurs seeking a profitable restaurant business with established operations, strong financials, and room for growth in a market with limited competition. The seller is motivated to sell due to other business interests, creating an excellent opportunity for qualified buyers.
Asking Price: $395,000
Serious Inquiries Only.
Previous industry experience likely required by landlord to qualify for lease terms.
This highly profitable American restaurant presents an exceptional opportunity for an investor or owner-operator seeking a turnkey food service business in Western Nebraska. Operating successfully with an absentee owner model, this established restaurant demonstrates strong financial performance and significant growth potential.
Financial Performance:
- Annual Revenue: $832,432
- Seller's Discretionary Earnings: $256,875 with management wages added back in ($181,875 under current model with minimal to no add backs). A family-operated model could certainly see $250-$300k cash flow due to the low overhead model that has been established already for the next owner.
- Strong cash flow with 28% profit margin
- Consistent revenue history with established customer base
Business Overview:
This easy-to-operate American restaurant has built a solid reputation in the local market, benefiting from minimal competition with no direct competitors within a 20-mile radius. The current absentee owner structure proves the business runs efficiently with proper systems in place.
Key Assets:
- Furniture, Fixtures & Equipment valued at $125,000
- Inventory worth $10,000 (included in asking price)
- Secure long-term lease through February 2050 (includes options, assignable to qualified buyer) at $2,774 monthly (Only 4% of gross sales! Well under 10% industry average)
- Prime location in Western Nebraska
Growth Opportunities:
Significant upside potential exists for hands-on operators through:
- Extension of operating hours
- Expansion of service offerings
- Enhanced marketing and community engagement
- Operational improvements with owner presence
The seller is willing to offer some seller financing to a well-qualified buyer, with acceptable down payment and terms. Training and transition support includes one week of assistance with additional support negotiable.
This represents an ideal opportunity for entrepreneurs seeking a profitable restaurant business with established operations, strong financials, and room for growth in a market with limited competition. The seller is motivated to sell due to other business interests, creating an excellent opportunity for qualified buyers.
Asking Price: $395,000
Serious Inquiries Only.
Previous industry experience likely required by landlord to qualify for lease terms.
About the Business
- Employees
- 10 (5 Full-time, 5 Part-time)
Fully staffed. - Facilities & Assets
- 8,500 Square Feet Full Kitchen
- Market Outlook / Competition
- No competition within 20 miles.
- Opportunities for Growth
- Expansion of hours and services possible.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,500
- Rent
- $2,774.00 per month
About the Sale
- Seller Motivation
- Other Business Interests
- Transition Support
- 1 Week Provided, More Negotiable.
- Financing Options
- Seller financing possible to a well-qualified buyer with acceptable down payment.
Listing Info
- ID
- 2503989
- Listing Views
- 54
Listing ID: 2503989 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. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNebraska Businesses for SaleNebraska Food & Beverage Businesses for SaleNebraska Restaurants Businesses for Sale


