Quality Restaurant in Prime Location

Not Disclosed, TN

Asking Price: Annual Revenue:
$149,000 $429,425

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Quality Restaurant in Prime Location Broker: Doug Kose

Quick Facts

Asking Price: $149,000
Annual Revenue: $429,425
Net Profit: Not Disclosed
Cash Flow: $80,041
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 6
BBN Listing #: 322554611
Broker Reference #: 5182-597154

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Business Overview:

This high quality deli-style restaurant is established in a great location that conveys a hometown community partner. Very quickly since launching in 2018, a repeat clientele base has been established with locals. Great team in place that has excellent customer service and a friendly atmosphere. Customer reviews are off the charts.

The restaurant specializes in authentic Cuban food that is made only from fresh products. Other offerings include hot or cold subs, sandwiches or wraps, fresh salad platters, soups, and a kid’s menu. Owner did the build-out of the restaurant and spent over $250,000 in leasehold improvements that includes high quality expanded space, booths, tables, décor. In 2019, projected sales are forecasted for $429,000.

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Market Competition and Expansion:

There are only a select few non-franchise sandwich shops in the area and none that specialize in Cuban sandwiches. Growth opportunity is to continue to market the brand and get first-time customers in the door as the return rate is very high. Develop a comprehensive marketing plan and expand catering business.

Reason for Selling:

Pursue other business opportunities

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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