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- RE: MM Dollar Restaurant With Reputation For Excellence
- Contact: Bill White
Quick Facts
Asking Price: | $1,699,000 | |
Annual Revenue: | $3,750,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $645,217 | |
Total Debt: | Not Disclosed | |
FF&E: | $700,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 83 | |
BBN Listing #: | 939489 | |
Broker Reference #: | 4301-18237 |
Business Overview:
This highly successful and well-established restaurant and tavern offers an exceptional dining experience featuring fresh, locally sourced ingredients and handcrafted recipes. Known for its gourmet pastas, steaks, seafood, and inviting bar area, the restaurant combines a cozy, rustic atmosphere with consistently high-quality food and service. With seating for over 200 guests, a strong community presence, and over 80 dedicated employees, this business has built a loyal customer base and a stellar reputation, supported by thousands of positive online reviews. An active social media presence with more than 10,000 followers further amplifies its brand visibility. The operation generates multi-million-dollar annual revenues and has a seasoned management team in place, making it an ideal opportunity for an executive-level owner or hospitality group seeking an established and profitable enterprise.
The business benefits from strong brand recognition, a professionally managed digital marketing strategy, and a growing third-party delivery program that adds significant incremental revenue without diminishing in-house dining. Ongoing community engagement and local sponsorships further enhance its visibility and customer loyalty. With a comprehensive transition plan available, this is a rare opportunity to acquire a thriving, turnkey operation in a vibrant and growing market.
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Property Features and Assets:
Nearly 6,000 Square Feet of leased space in a busy shopping center. Options available until April of 2029 and likely beyond.Â
Assets = $760,000
Market Competition and Expansion:
This Restaurant & Tavern has a fantastic location in a growing community, a wonderful reputation and over 10,000 Social Media followers. Owners are not concerned about competition.Â
This is a mature restaurant with well-established sales and excellent profits over many years. Growth is possible by maintaining or increasing standards of service, food quality, proper staffing, and proper attention to consumer desires. The addition of 3rd party delivery services has been rolled out in 2023 and deemed a success!Â
Reason for Selling:
Other Business Interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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