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- RE: Turnkey Restaurant & Entertainment Opportunity
- Contact: Lamont Muchmore
Quick Facts
| Asking Price: | $1,450,000 | |
| Annual Revenue: | $4,026,116 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $449,232 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $350,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1017985 | |
| Broker Reference #: | 60091-999142 |
Business Overview:
Turnkey Restaurant & Entertainment Opportunity
This restaurant and gathering place offering quality American cuisine, craft cocktails, happy hour specials, private event spaces, a golf simulator, and an Executive Cigar Lounge—all in a warm, inviting atmosphere designed for dining, entertainment, and celebrations.
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Property Features and Assets:
The restaurant has developed from a traditional bar-and-grill concept into a broader dining, entertainment, and event venue. Its facilities include a full-service restaurant and bar, private event rooms, a banquet facility, and an Executive Cigar Lounge. The local Chamber of Commerce documented an expansion in 2020, including the opening of the Executive Lounge and what it described as the first cigar bar in this city.
Market Competition and Expansion:
The business's primary competitive strengths are its variety of services, distinctive atmosphere, private-event capabilities, and entertainment options. Its competitive challenges include maintaining consistent food and service quality, keeping prices attractive, differentiating itself from other bar-and-grill concepts, and continuing to give customers reasons to return.
Overall, the business is positioned as a diversified hospitality establishment rather than simply a traditional bar and restaurant. Its ability to combine food, beverages, entertainment, catering, and private events gives it multiple ways to attract customers and compete within the local market.
This restaurant has strong potential for future growth through expansion of its catering, private-event, banquet, and entertainment services. The addition of specialized amenities such as a golf simulator and Executive Cigar Lounge provides the business with opportunities to generate revenue beyond traditional food and beverage sales. Continued marketing of private events, corporate gatherings, catering, loyalty programs, and special promotions could increase customer traffic and repeat business. By maximizing the use of its existing facilities and developing additional event and entertainment offerings, The restaurant can continue to diversify its revenue sources and strengthen its position in the local hospitality market.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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