Fast Casual Restaurant and Catering Business with Loyal Customers

Asking Price$450,000

Cash Flow
$322,714
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,026,908

Inventory$7,000
Included in asking price
FF&E$291,000
Included in asking price
Real Estate$650,000
Not included in asking price
listing imageSave

Fast Casual Restaurant and Catering Business with Loyal Customers


Asking Price$450,000

Cash Flow
$322,714
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,026,908

Inventory$7,000
Included in asking price
FF&E$291,000
Included in asking price
Real Estate$650,000
Not included in asking price
Business Description
This restaurant and catering business is a family-owned gem that has been serving top-notch food to walk-in and catering customers in the region for decades. Their loyal customers can attest to the quality of their food, as well as the welcoming family atmosphere created by the owners and their tenured and cross trained staff.
About the Business
Years in Operation
64
Facilities & Assets
This full-service casual restaurant and catering service includes all kitchen and catering equipment in great condition. Alongside the restaurant, the real estate also includes suites that may be leased for additional income.
Market Outlook / Competition
There are currently few fast-casual and fast-food competitors in the area, but there may be an increase as new infrastructure is completed and development in the area continues to grow.
Opportunities for Growth
The business is expected to grow organically, thanks to the local residential and commercial expansion in the area. The new owners can grow the business by expanding weekend operating hours and offering online ordering which would increase their takeout orders. Additionally, by expanding the catering staff, they can facilitate more customer-site and delivered catering opportunities.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
To ensure a seamless transition, the current owners are willing to provide training to the new owners for a reasonable amount of time. They are also open to consultation following the transition.
Listing Info
ID
2193114
Listing Views
1290

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Mark Kincannon Resolution Equity Partners

Listing ID: 2193114 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.