Upscale Sit Down Restaurant

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Profitable restaurant with 6 partners

Business Description

This is a great opportunity for a single operator or small group to net $275,000+ a year operating a popular sit down restaurant. This is a proven concept that has survived and thrived through the opening of a few competitors.

About the Business

Year Established:
2014
Number of Employees:
20
Real Estate:
Leased
Facilities:
A single tenant building in a strong demographic of NW Indiana with a below market lease and options.
Market Outlook/
Competition:
More than 3 similar brands have opened in the area. This location has held the same numbers or seen and increase.
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About the Sale

Reason For Selling:
Pursue a new business opportunity
Training/Support:
The owner will stay on for 3 months to properly train the staff and introduce the new ownership to catering clients.

Listing Info

ID:
1351275
Ad Detail Views:
1011
Asking Price:
$800,000

Gross Revenue:
$2,400,000
Cash Flow:
$275,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Listed by
Derek Tucker

 Show Phone Number

U.S. Census Data for Indiana
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Indiana
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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