Established Successful Restaurant in Bristol

Asking Price$299,000

Cash Flow
$189,000

EBITDA$54,000

Gross Revenue$500,000

Inventory$50,000
Not included in asking price
FF&E$120,000
Included in asking price
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Established Successful Restaurant in Bristol


Asking Price$299,000

Cash Flow
$189,000

EBITDA$54,000

Gross Revenue$500,000

Inventory$50,000
Not included in asking price
FF&E$120,000
Included in asking price
Business Description
Turnkey Restaurant Opportunity in Bristol
This well established and highly successful restaurant, located in downtown Bristol, offers a great opportunity for an experienced restaurateur to step into a turnkey establishment boasting over 10 years of continued success. The location takes advantage of being in the center of a very visible and highly traveled area. With the benefit of heavy foot traffic, this restaurant is bound for continued success. This restaurant features a full bar (11pm) and provides an area for entertainment as well as a comfortable environment and ambiance for diners' enjoyment.
About the Business
Years in Operation
12
Employees
10
Facilities & Assets
Finished area of restaurant is 2,500sf. Additional basement storage of 1,200sf. All equipment and assets are seller owned and will convey at sale.
Market Outlook / Competition
Market conditions are excellent in this area. While there are many choices for quality dining, this location has enjoyed continued success.
Opportunities for Growth
The current operator maintains limited hours of operation; however, a new operator could easily expand hours and add significant sale growth. Gross sales of over $1m could easily be achieved with the expansion of offerings, hours, and increased seating.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,700
Rent
Not Disclosed
About the Sale
Seller Motivation
Owner retiring
Transition Support
The owner is willing to assist in a transition for a pre-determined period of time.
Listing Info
ID
2293333
Listing Views
1871

Contact Seller

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Business Listed by: Jim Conway Conway Commercial Group

Listing ID: 2293333 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.


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