Sorry, this listing is no longer available – However, please see similar business for sale listings below that may interest you:

Arkansas Business For Sale

Upscale Restaurant and Lounge

Central, AR

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$495,000
$860,000
Not Disclosed
$220000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2008
27
77327990
Owner Financing is Available

Business Overview:

This a great opportunity to own an upscale restaurant in one of the most rapidly growing areas in the state. The restaurant was opened in March of 2008 so all of the equipment, furniture, and fixtures are state of the art and almost brand new. The furnishings in the restaurant are upscale creating a nice causal dining experience. This restaurant is one of a few places in a dry county that have a liquor license. The lounge is able to accommodate bands and is set up to be a relaxing place to unwind. They have a large dining area that can be closed off from the rest of the restaurant creating a private dining room for parties, meetings, and special events. The owner has been in the restaurant business for over 30 years and has created a wonderful dining experience featuring fine Italian food, from recipes used in the first location in the 1970's. The seller owns the strip center where the restaurant is located. An additional 3,750 sq. ft. is available for lease or the entire facility can be purchased as an investment opportunity. Annual receipts are based off of sales through October, 2009 annualized. This is a “must see” opportunity with a loyal customer base. The fortunate new owner can take right over! Call or email today for more information.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

Please Note: The Arkansas Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these Arkansas businesses for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.