Well established Family Restaurant and Bar
Business Description
WELL ESTABLISHED FAMILY RESTAURANT AND BAR - TURNKEY OPERATION
This thriving family restaurant and bar represents an exceptional opportunity in Jefferson County's competitive dining market. Operating successfully since 2013, this establishment has built a loyal customer base and demonstrates strong financial performance with $2M in annual revenue and $140K in seller's discretionary earnings.
BUSINESS HIGHLIGHTS:
• Mostly absentee owner operation with very strong management team in place
• Excellent online reputation with outstanding scores on Google and TripAdvisor
• Minimal local competition providing market advantage
• Turn-key operation ready for seamless ownership transition
• Established clientele base built over 11+ years of operation
• Strong revenue multiple of 5.7x cash flow indicates solid market positioning
FINANCIAL OVERVIEW:
• Annual Revenue: $2,000,000
• Cash Flow (SDE): $140,000
• Asking Price: $350,000 (includes $50,000 inventory)
• FF&E Value: $300,000
• Monthly Lease: $7,800 for 4,000 sq ft facility
OPERATIONAL ADVANTAGES:
The business benefits from experienced management allowing for absentee ownership, making this an ideal investment for buyers seeking cash flow without day-to-day operational demands. The established systems and procedures ensure consistent operations and customer satisfaction.
The owner is retiring after building this successful enterprise and will provide one month of transition support to ensure continuity. With minimal competition and excellent customer reviews, this restaurant is well-positioned for continued success under new ownership.
This represents a rare opportunity to acquire a profitable, well-managed restaurant with strong market presence and growth potential in Jefferson County's dining sector.
This thriving family restaurant and bar represents an exceptional opportunity in Jefferson County's competitive dining market. Operating successfully since 2013, this establishment has built a loyal customer base and demonstrates strong financial performance with $2M in annual revenue and $140K in seller's discretionary earnings.
BUSINESS HIGHLIGHTS:
• Mostly absentee owner operation with very strong management team in place
• Excellent online reputation with outstanding scores on Google and TripAdvisor
• Minimal local competition providing market advantage
• Turn-key operation ready for seamless ownership transition
• Established clientele base built over 11+ years of operation
• Strong revenue multiple of 5.7x cash flow indicates solid market positioning
FINANCIAL OVERVIEW:
• Annual Revenue: $2,000,000
• Cash Flow (SDE): $140,000
• Asking Price: $350,000 (includes $50,000 inventory)
• FF&E Value: $300,000
• Monthly Lease: $7,800 for 4,000 sq ft facility
OPERATIONAL ADVANTAGES:
The business benefits from experienced management allowing for absentee ownership, making this an ideal investment for buyers seeking cash flow without day-to-day operational demands. The established systems and procedures ensure consistent operations and customer satisfaction.
The owner is retiring after building this successful enterprise and will provide one month of transition support to ensure continuity. With minimal competition and excellent customer reviews, this restaurant is well-positioned for continued success under new ownership.
This represents a rare opportunity to acquire a profitable, well-managed restaurant with strong market presence and growth potential in Jefferson County's dining sector.
About the Business
- Years in Operation
- 13
- Employees
- 45 (10 Full-time, 35 Part-time)
- Facilities & Assets
- Many new appliances
- Market Outlook / Competition
- very little. Excellent scores on Google and TripAdvisor
- Opportunities for Growth
- will discuss
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $7,800.00 per month
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- 1 month. Very strong management.
Listing Info
- ID
- 2511882
- Listing Views
- 140
Listing ID: 2511882 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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