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Business For Sale

Upscale Restaurant & Lounge

Central, AR, USA

Food & Beverage: Restaurants, Fast Food, Deli

Owner Financing is Available
Seller will negotiate financing.
Asking Price:
Year Established:
Employees:
Listing Number:
$495,000
2008
27
77327990
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$860,000
Not Disclosed
$220,000
Not Disclosed

Business for Sale 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 casual 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 below. We look forward to hearing from you.

Property Features and Assets:

5,000 sq. ft. building; available for lease or purchase.

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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Upscale Restaurant & Lounge
Business Listed By:
Scott Redden - Sunbelt of Little Rock
SUNBELT OF LITTLE ROCK
contact the seller
 

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