Award Winning Restaurant, with Real Estate Included

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Asking Price:
$225,000

Gross Revenue:
$240,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$4,500
included in asking price

FF&E:
$69,785
included in asking price

Real Estate:
$210,000
included in asking price

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Business Description

One year after opening this Pike County Arkansas restaurant, it was honored as the "BEST FAMILY RESTAURANT" in Southwest Arkansas by the local paper! This family-oriented restaurant specializes in good 'ole country cookin' - with the only buffet in town! The 2300 square foot building was built in 2006, and the current owners took over the restaurant in 2012.

The last three years have seen increasing revenues for this award-winning restaurant. Located in Pike County, one of Arkansas’ most popular tourist destinations, people come from all over the world to visit the nearby State Park - and everybody stops here to eat. Local competitors have closed business recently, eliminating nearby competition.

• Voted “Best Family Restaurant” by the local paper, this restaurant has quickly claimed stake to THE place to take the family for Great Food at Great Prices!
• The restaurant Grossed over $240,000 in 2015 - despite operating only 10 months of the year!
• TREMENDOUS GROWTH potential lay in the simple fact of staying open year-round
• The customer base is from local residents AND the steady stream of tourists from across the country and world - providing an eclectic and unique customer base
• During busy season the restaurant will average 350 customers per day!
• This opportunity is PRICED BELOW MARKET VALUE!

About the Business

Location:
Pike County, Arkansas
Year Established:
2006
Real Estate:
Owned
Building Sq. Ft.:
2,300
Facilities:
2,300 sq. ft. facility, included in sale price
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About the Sale

Training/Support:
Seller will negotiate a transition period
Seller Financing:
Seller & Third Party financing may be available for a qualified buyer

Listing Info

ID:
1512196
Ad Detail Views:
662

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  Family Restaurant (146 KB)
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Sponsoring Broker:

Carl Grimes
CBI+Team


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