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Business For Sale

STEAK RESTAURANT

Attn: Broker
Not Disclosed, NC, USA
Listing Number: "71151"
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Asking Price: $1,850,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: other business interests
Year Established: 1967
# of Employees: 49
Yearly Revenues: $1,219,927
Yearly EBITDA: $158,000
 

Business for Sale Overview:

What started out by the original owner to be a steak restaurant serving only rib eyes steaks has grown into a much larger operation that has developed an outstanding reputation for several noteworthy reasons. First, the menu has developed into white table cloth operation that now serves many different cuts of beef, fresh seafood, chicken, lamb chops and barbeque ribs. Recently a large salad bar was added to the food service which now has over 45 salad items and has received great acclaim from many regular patrons of the business. Secondly, the restaurant is also known for its inventory of many types and varieties of wine which are served along with the award winning menu of fresh cooked American dishes. The wine list has been recognized as being among some of the finest collections of wines and liquors served in the world. The restaurant is open for lunch and dinner and has a special Sunday brunch that is a major drawing card in the entire region. The facility also has the ability to host bridal wedding parties, special private dinner functions and other events that might need a private dining area.


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for 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.

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