Seller's Contact Information
- RE: PERFECT OPPORTUNITY FOR A LARGE CHAIN RESTAURANT
- Contact: Anthony Wright
Quick Facts
| Asking Price: | $199,000 | |
| Annual Revenue: | $2,068,462 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $168,051 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $443,750 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 20 | |
| BBN Listing #: | 915652348 | |
| Broker Reference #: | 59071-215988 |
Business Overview:
Aggressive pricing for quick sale. This restaurant is consistently doing approximately $1.75 million in annual sales this restaurant has enormous potential. A massive 7,500 SQ FT space that can comfortably seat 250 with no expense spared on the tenant improvements. High end furniture, fixtures and equipment adorn this beautiful interior with a full bar and three separate dining rooms. The space is perfect to accommodate a large chain restaurant and the space can easily be converted. This type of restaurant is a fit for seasoned restaurant operators that have adequate financials required for landlord review. It is perfect for corporate events, large family gatherings, and does huge business on/around all holidays. This restaurant is located very near a new Amazon distribution facility that is expected to open in August that will employ over 1,000 workers. Currently run by an absentee owner. The seller would consider carrying a note for qualified purchasers. NDA & Buyer Profile required for information on this business opportunity.
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Property Features and Assets:
Sales revenue for 2016: $1.56 million. 2017: $1.94 million. 2018: $2.07 million.
Market Competition and Expansion:
Competition does exist in the food and beverage industry, but this restaurant can accommodate very large parties that most restaurants cannot. Potential GrowthEndless possibilities with ecommerce delivery, marketing to corporate events, family gatherings and the like.
Reason for Selling:
Relocating
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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