Restaurant For Sale, Lonoke County Arkansas

Cabot, AR
Lonoke County


Asking Price: Annual Revenue:
$30,000 $125,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant For Sale, Lonoke County Arkansas Broker: Steve Weinbaum
License #: 365512, SL 3406248

Quick Facts

Asking Price: $30,000
Annual Revenue: $125,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 2
BBN Listing #: 26228096
Broker Reference #: 7123

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Business Overview:

Established and Turnkey Restaurant For Sale in Lonoke County Arkansas. Open and Operating 20 years. Fully Equipped and ready for a new Owner. Keep or Convert existing concept. Rent is only $1,500 per month for 1,600 square feet and includes Electric and Gas.

Looking to run your own restaurant? Here's your chance to buy a build out with all the equipment you will need for pennies on the dollar. Located in Lonoke County Arkansas, this Established and Turnkey Restaurant for Sale has been open and operating for 20 years and the seller is ready to retire. This is the perfect opportunity for someone looking to open their own concept or expand and grow an existing business. Seller will happily train the new owner to ensure a smooth transition. The purchase includes all the recipes currently being used in this 4-star restaurant. Contact We Sell Restaurants today!

The restaurant includes all the equipment you will need to continue serving up delicious meals for loyal customers. Equipment includes a hood, grease trap, multiple freezers, refrigerators, grill, fryers, tables, chairs, small wares and more. The current restaurant is situated in 1,600 square feet with room for expansion within the building. The monthly lease rate for this Established and Turnkey Restaurant for Sale is only $1,500 monthly and includes Gas and Electric. That comes to only $11.25 per square foot. The current lease is set to expire which means you will have the unique opportunity to negotiate a new lease prior to closing.

This restaurant for sale is located in the largest city in Lonoke County, Arkansas, a suburb of Little Rock with a population of over 25,000. Currently doing around $10,000 per month in sales, this location has unlimited potential. It's located on a major road and ready for a new owner operator to grow the current concept though additional marketing, 3rd party delivery, and other business generating ideas or bring your new concept to the area. Call Today!

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Property Features and Assets:

Grill 1 Deep Fryer 4 Freezer upright 3 Freezer chest 1 Refrigerator and freezer 1 Refrigerator 1 Mobile fryer oil filter machine 1 3 Compartment Sink 1 Hand Wash Sinks 1 Utility tub 1 Outside canopy 1 Mirror 2 Table 15 Chair 65 Storage Shelves 3 Slow Speed Buffer 1 Ice Machine 1

Market Competition and Expansion:

This is a turnkey operation that's been in operation for over 20 years. It's been rated as a four-star restaurant. Room for expansion within the building. Cabot is the largest city in Lonoke County, Arkansas, United States and a suburb of Little Rock. According to 2010 U.S. Census Bureau estimates, the population of the city is 25,797, ranking it as the state's 20th largest city, behind Paragould.[3] It is

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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