Best restaurant around by a "DAM" site!

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Best restaurant around by a "DAM" site!
Asking Price:
$299,900

Gross Revenue:
$611,908
Cash Flow:
$72,815
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$12,000
included in asking price

FF&E:
$30,100
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Family style restaurant overlooking the Ohio River. Serves Breakfast - Lunch - Dinner- Buffet or from the Menu. Catering and banquet room available for special events.

This historic restaurant has created many family memories while watching countless steamboats navigate the Ohio River.

About the Business

Location:
Hawesville, Kentucky
Year Established:
1968
Number of Employees:
12
Facilities:
3235 square feet - Concrete Block and Brick. Sets on 1.9 acres. Seats 60 downstairs and 50 upstairs. Overlooks the Ohio River.
Built in 1968 this restaurant has been a steady consistent staple for 50 years.
Market Outlook/
Competition:
No competition locally, especially with the longevity and history. People drive from all over Kentucky and Indiana to come dine at this scenic overlook of the Ohio River.
Growth & Expansion:
Regional marketing should increase table service. Increase hours of operation. Online marketing and sales of the restaurant's iconic pies, soups and other products.
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About the Sale

Reason For Selling:
other interests
Training/Support:
2 weeks

Listing Info

ID:
1507282
Ad Detail Views:
959

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Business Listed by

Mickey McCuiston

Transworld Business Advisors of WKY

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Sponsoring Broker:

Dean Cherry
Transworld Business Advisors of WKY


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