High Volume Restaurant Opportunity

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Excellent Location and Facilities in High Traffic Area
Asking Price:
$250,000

Gross Revenue:
$2,068,462
Cash Flow:
$168,051
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$443,750
included in asking price

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Business Description

Aggressive pricing for quick sale. Consistently doing approximately $2 million in annual sales this restaurant has enormous potential. A massive 7,500 SQ FT space that can comfortably seat 250 with no expense spared on the tenant improvements. High end furniture, fixtures and equipment adorn this beautiful interior with a full bar and three separate dining rooms. It is perfect for corporate events, large family gatherings, and does huge business on/around all holidays. This restaurant is located very near a Fortune 500 company that is opening a new facility in 2019 that will employ over 1,000 workers. Currently run by an absentee owner employing approximately 20 with two full time managers you can purchase the establishment and keep the existing theme or modify it to your preference. The seller would consider carrying a note for qualified purchasers. NDA & Buyer Profile required for information on this business opportunity.

About the Business

Year Established:
2016
Number of Employees:
20
Real Estate:
Leased
Building Sq. Ft.:
7,500
Rent:
$15,000.00 Per Month
Facilities:
Sales revenue for 2016: $1.56 million. 2017: $1.94 million. 2018: $2.07 million
Market Outlook/
Competition:
Competition does exist in the food and beverage industry, but this restaurant can accommodate very large parties that most restaurants cannot.
Growth & Expansion:
Endless possibilities with ecommerce delivery, marketing to corporate events, family gatherings and the like.
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About the Sale

Reason For Selling:
moving out of state
Training/Support:
1 week
Seller Financing:
50000.00

Listing Info

ID:
1622682
Ad Detail Views:
0

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Business Listed by

Anthony Wright

Transworld Business Advisors of East Portland
License# 201223014

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Sponsoring Broker:

Daren Bucklin
Transworld Business Advisors of East Portland
License# 201220285

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