Hot Listing
Reduced Price - Motivated Seller - Cash Cow Restaurant with Management
Business Description
OPPORTUNITY:
Reduced price due to a motivated seller. The business continues to thrive with BIG SIX FIGURE CASH FLOWS! This turn-key opportunity includes a full-service dine-in family restaurant that has been serving American Southern comfort food for almost 4 DECADES! Located off a major interstate in the southern US, the business thrives around the clock and year-round as part of a larger travel complex. Locals, travelers & truckers frequent this establishment to the tune of more than $1mm in annual revenues!! This cash machine is currently owned by an absentee-owner living out-of-state.
HIGHLIGHTS:
• 3-year average Cash Flow is over $215,000 per year!!
• 3-year average Revenues over $1,000,000 per year!!
• PRICE INCLUDES EQUIPMENT & INVENTORY!
• Located off a major Southeastern USA Interstate. Captures year-round traffic from locals, travelers & truckers!
• Can be Owner-Operator OR Absentee-Owner.
• COMPLETE TURN-KEY CASH COW WITH MANAGEMENT IN PLACE!!
ASKING PRICE
$550,000
Assets Included:
Equipment (FFE) = $201,840 (included in asking price)
Inventory = $9,914 (included in asking price)
FOR MORE INFORMATION CONTACT:
M&A Specialists
Shep Campbell – Sr. Advisor
Shep@maspecialists.com
(870) 450-3734
Reduced price due to a motivated seller. The business continues to thrive with BIG SIX FIGURE CASH FLOWS! This turn-key opportunity includes a full-service dine-in family restaurant that has been serving American Southern comfort food for almost 4 DECADES! Located off a major interstate in the southern US, the business thrives around the clock and year-round as part of a larger travel complex. Locals, travelers & truckers frequent this establishment to the tune of more than $1mm in annual revenues!! This cash machine is currently owned by an absentee-owner living out-of-state.
HIGHLIGHTS:
• 3-year average Cash Flow is over $215,000 per year!!
• 3-year average Revenues over $1,000,000 per year!!
• PRICE INCLUDES EQUIPMENT & INVENTORY!
• Located off a major Southeastern USA Interstate. Captures year-round traffic from locals, travelers & truckers!
• Can be Owner-Operator OR Absentee-Owner.
• COMPLETE TURN-KEY CASH COW WITH MANAGEMENT IN PLACE!!
ASKING PRICE
$550,000
Assets Included:
Equipment (FFE) = $201,840 (included in asking price)
Inventory = $9,914 (included in asking price)
FOR MORE INFORMATION CONTACT:
M&A Specialists
Shep Campbell – Sr. Advisor
Shep@maspecialists.com
(870) 450-3734
About the Business
- Years in Operation
- 40
- Employees
- 15
- Facilities & Assets
- The restaurant is 3000 square feet with a seating capacity of 160 patrons. It is located within a larger truck stop facility located off of a major interstate. All equipment is in good and working condition and included in the asking price. This is a turn-key restaurant WITH management in place.
- Market Outlook / Competition
- The business is located off of a major interstate and does not survive on the local market or economy. It is the traffic from this Interstate that feeds the restaurant. The State Travel Department estimates 5,190 vehicles access the ramps of this restaurant's exit on a daily basis. That is nearly 2 million customers per year either visiting this travel center, or driving right by it. It is this captivated customer base which drives the revenues and margins of the restaurant, which itself serves 6000 customers per month. There is no competition.
- Opportunities for Growth
- The business currently does ZERO marketing - only a website and Facebook. Growth can be realized in two primary areas:
1. Marketing.
2. More active ownership.
3. Interstate Billboard Advertising.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $5,000.00 per month
About the Sale
- Seller Motivation
- The owners are in commercial real estate and not restaurants, thus divesting the
- Transition Support
- The owner will provide a negotiated amount of training in order to facilitate the transition. However, ownership has nothing to do with the business and its operations. The business is run by Management already in place managing 10-15 mostly part-time employees and the restaurant on a daily basis. This is a completely absentee business.
- Financing Options
- Business will qualify for an SBA 7(a) loan. Seller financing is also available.
Listing Info
- ID
- 2255297
- Listing Views
- 3755
Listing ID: 2255297 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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