SBA Pre-approved Steak House-Excellent Cash Flow

Business Overview:

With a broad menu offering exceptional food and service, with a casual Western atmosphere, this beautiful restaurant is ideal for someone looking for:
• Great location in a great community
• Well known franchise with excellent reputation
• High profit margin
• Average 3 yr. annual revenue over $1.8M
• Average 3 yr. annual cash flow over $500k
• Well trained staff.

This is truly an exciting situation for a knowledgeable restaurant operator or company looking to grow. Currently the restaurant is open 6 days a week with the opportunity to expand to 7 days and grow revenue and profits even further.

The owner’s dedication to building this business up over the last 13 yrs. provides an excellent opportunity for an astute buyer. The owner is now ready to relax and let someone else benefit from his (and your) hard work.

Land available for $810k; building available for $742k

The business has been SBA pre-qualified, both with the real estate included and without.

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Property Features and Assets:

Facilities:6,298 sq. ft. stand alone building on 1.09 acres in an Walmart out lot. Terms Options: Land: $810k; Bldg.: $742k

Market Competition and Expansion:

Restaurant currently is closed on Wednesdays for owner's pleasure. Expanding to 7 days/wk. likely increase revenue/profit by >10%.

Reason for Selling:

Retirement

Additional Details:

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