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Business For Sale

Absentee Owned Steakhouse & Event Hall - $227K/yr

Omaha, NE

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,100,000
$793,000
$227,241
$227,241
$0
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$385,000
$720,000
1979
22
762334398
Owner Financing is Available!
Banking Pre Approved

Business Overview:

This family owned and operated steakhouse and event hall has been a favorite to many since it was established in 1979. What sets this restaurant apart is you do 3/4 of $1 million in gross sales and only work 25 hours. With excellent food, a great reputation, and well-known summer outdoor events, this place is sure to produce steady revenues, with room for growth.

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.

Property Features and Assets:

Occupies a 16,000 square foot building, newly constructed and unveiled in April 2003, situated on 20 acres. Seating for 160 diners in addition to a full bar and lounge area. There is ample parking to accommodate a packed house. 10,000 square foot reception hall for weddings, holiday parties, anniversary parties, reunions, flea markets, and auctions. This hall also has a full bar, with space and seating to comfortably accommodate 450 people, as well as a huge 25 x 85 foot dance floor!

Market Competition and Expansion:

Friday night all-you-can-eat fish fries, weekend Prime Rib, and additional weekday specials entice diners each day to drop by and get their fill. Add patio dining to offer customers another reason to come in! The reception hall features a 16x12 foot garage door - boat and car shows would be a great and popular niche opportunity to take advantage of. Host these events and keep the food churning out and the drinks flowing, while reaping fees from hosts and vendors.

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.