Well Established Upscale Casual Restaurant & Bar with Loyal Following

Asking Price$300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,250,000

Inventory$10,000
Included in asking price
FF&E$150,000
Included in asking price
Upscale Restaurnt & BarSave

Well Established Upscale Casual Restaurant & Bar with Loyal Following


Asking Price$300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,250,000

Inventory$10,000
Included in asking price
FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
5,700+ square foot restaurant, fully equipped and operating. Located in The East End near Hurstbourne, Anchorage & Lyndon and has tons of off street parking. Lease is less than $5,000 per month, and is set through 2029.
About the Business
Years in Operation
39
Employees
8 (4 Full-time, 4 Part-time)
Many of the employees have worked here for several years
Facilities & Assets
FF&E, Intellectual Property including recipes, brand and Good Will
Market Outlook / Competition
This business has a well established following and loyal customer base that includes lunch, dinner and catering clients.
Opportunities for Growth
New owners could expand hours and product offerings to increase traffic and overall volume
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,700
Rent
$4,950.00 per month
Lease Expiration
6/30/2029
About the Sale
Seller Motivation
Owners want to retire
Transition Support
Seller is willing to stay on for a brief transitionary period
Financing Options
Should qualify for an SBA loan.
Listing Info
ID
2299926
Listing Views
1881
Attached DocumentsAttachment Disclaimer

Confidentiality_Agreement_Form_2022.pdf


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Business Listed by: Sal Rubino Gant Hill & Associates

Listing ID: 2299926 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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