Business Overview:
Eureka Springs Icon - Restaurant currently run by out of state owner generating good profit serving breakfast and lunch only.
Adding Dinner during long tourist season could add $200,000 - $250,000 in sales and $50,000+ to the bottom line.
Beer & Wine Permit.
Current employees ready to stay.
Real Estate with living quarters and office space included that can be rented out for $7,500-$10,000 per year.
PLEASE DO NOT TALK TO EMPLOYEES ABOUT BUSINESS/REAL ESTATE SALE.
Seller requires signed Non-Disclosure Agreement (NDA) to release financial and operational information.
AEGIS Business Brokers, LLC is functioning as a business intermediary for this listing. We have a fiduciary duty to the transaction and will be representing both the buyer and seller equally in a limited capacity which includes writing up the offer and presenting it for approval. The transaction fee is paid for by the seller.
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Property Features and Assets:
Eureka Springs Icon - Restaurant currently run by out of state owner generating good profit serving breakfast and lunch only.
The facilities are on a main thoroughfare with a daily average traffic count
of 6,600-9,300.
Adding Dinner during long tourist season could add $200,000 - $250,000 in sales and $50,000+ to the bottom line.
Beer & Wine Permit.
Current employees ready to stay.
Real Estate with living quarters and office space included that can be rented out for $7,500-$10,000 per year.
PLEASE DO NOT TALK TO EMPLOYEES ABOUT BUSINESS/REAL ESTATE SALE.
Seller requires signed Non-Disclosure Agreement (NDA) to release financial and operational information.
Market Competition and Expansion:
Adding hours and dinner menu could increase sales by $200,000-250,000 and with a profit increase of over $50,000.
"The fastest-growing counties and metropolitan area in Arkansas over the
past decade were in the state's northwest region, according to data released
Thursday from the U.S. Census Bureau.
Benton County had the state's fastest growth, with its population increasing
by 28.5% since 2010 to 284,333. The second fastest growing, Washington
County, saw its population increase by about 21% to 245,871.
The Fayetteville-Springdale-Rogers metropolitan area grew by 24.2% to
546,725. The region is home to the headquarters of Walmart and Tyson Foods,
as well as the University of Arkansas' flagship campus in Fayetteville."
Source AP News
Reason for Selling:
Owner relocated out of state.
Additional Details:
- The property is owned.
- 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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