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Asking Price: $2,650,000

High-End Eatery – Passive Ownership

Mechanicsburg, PA
Not disclosed

This high-end eatery is selling on a low multiple of 2.1 and the financing for this purchase has already been approved with the bank loan making up 75% of purchase as shown in our listed funding example! This business offers the buyer an opportunity for passive ownership thanks to their excellent staff and management which consists of 30 servers, 18 kitchen staff, 1 General Manager; and 1 Kitchen Manager. This restaurant comes with over $1M in assets including an exclusive liquor license valued at $500K as Cumberland County has limited licenses – making this a closed market that won’t get oversaturated. Their posh place has 5,000 square feet and a capacity to host 100 customers indoors with additional covered booth seating available outside. With over $5M in revenue and cash flow over $808,000 in 2021, they are able to maintain a 3–4-week reservation wait list for Friday and Saturday nights. They have also been getting frequent requests to make Sunday brunch available, which would be an excellent growth opportunity. Their client base is drawn to the varied menu including elevated and delicious classics like Italian pasta, prime rib, salmon, fried calamari, seared scallops, and mussels. The COVID-19 pandemic forced the restaurant to close from mid-March through April, but they quickly bounced back with the introduction of curbside pickup (which is still readily available and utilized) and were back to full capacity in 2021. The current owner provides general oversight, but this is a preference and could be easily phased out as they have two full time managers. With an established website but minimal online marketing, a significant and cost-efficient growth opportunity exists for new ownership. Priced at $2,650,000, the restaurant is primed to continue its current growth pattern far beyond 2021 with gross sales in 2022 annualizing over $5.4M! The current owner has offered to finance 12.5% of the purchase to show her faith in the business’s continued success after the purchase.

Cash Flow $1,276,251
Revenue $5,488,047
$ Owner Financing Available

Asking Price: $975,000

Anne Arundel County, MD Sports Bar

Not Disclosed, MD
Anne arundel County

Great location of a freestanding building (6,599 square feet) with plenty of curbside appeal located in AA County. Daily traffic count in front of the building is over 50,000. Close to Annapolis & Baltimore. Seating capacity for the restaurant is 250, with an outdoor patio that seats 40. There is a 7 day, 2:00 am liquor license.The building is ADA compliant with accessible ramps and entrances and has a security, sound, and sprinkler system in place .Vaulted, hardwood-plank ceilings feature ceiling fans and beautiful, exposed wood beams catch your attention immediately upon entering the restaurant. There is extensive stonework throughout the establishment and a fireplace that sets an inviting atmosphere in the main dining areaThere are 28 TV’s throughout the restaurant and the restaurant is equipped with Digital Dining P.O.S.The space features 2 bars- one of them being a service bar with 2 TV’s and minimal seating. The other being the main attraction with a large hardwood U-shaped bar that seats about 20 and features over 10 TV’s to choose to view. There are 12 beer on tap at this restaurant.This kitchen features a 22-foot hood, 8 burner stove, two 2 basket friars, a 3 ft flat top and 3 ft charbroil grill. There is a large ice machine, dish area, and walk-in fridge/freezer combo and has an employee bathroom. In the basement there is a separate entrance for kegs, as well as a keg box and liquor storage. There is also a medium sized merchandise/storage closet The is also an Arcade Game area.Sales are averaging over $53,000/week. The current rent is $15,000/month NNN. Landlord will give a new 10-year lease with 2-five year options and will sell the property also.SDE/Owners Cash Flow $374,000.

Cash Flow $374,000
Revenue $3,000,000

Asking Price: $1,099,000

Bar & Convenience-Store Property at TN-AL Border!

Loretto, TN
Lawrence County

Please do not speak to employees because they are unaware the store is for sale!Lease-Purchase Available for the Property for only $399,000 inventory!Seller's Net Profit is over $26,000 per month after paying $10,000 in monthly Payroll! After paying a 30% downpayment (approximately $321,000), Buyer's Net Profit after Mortgage will still be over $250,000 per year!Huge Lottery Commission at $10,000 per month! Store is located at the border of Alabama and Tennessee on the Tennessee-side and all the Alabama customers travel to Tennesee to play lottery!Restaurant/Bar sales are $36,000 monthly! C-Store sales are $31,000 monthly with high margins! Lottery commission is $10,000 per month! Quarter Machine Commission is $1,300 per month!Building is Newly Built!30 mins from Florence, AL & Lawrenceburg, TN! 1 and a half hours from Huntsville, AL! Less than 2 hours from Nashville, TN!No Competition!Asking Price for the Business and Property is $1,099,000 Inventory! Inventory is approximately $40,000 at cost.The Seller is willing to lease purchase the property for $399,000 inventory down, 25-year amortization, and 7% interest rate. Based on those terms and asking price of $1,099,000 inventory, your mortgage payment to him will be only $4,947.45! Your Take-Home After Mortgage will be more than $20,000 per month!You will have 3 years from the closing date to go to the bank for the remaining balance. 3 years is typical since you just need 2 years of strong tax returns for the bank to give the loan. However, the seller agreed to accept $150,000 to extend the property purchase option for an additional 7 years thereafter to finance you.If interested, please email your full name and best contact number to info@riverbrokers.com

Cash Flow $300,000
Revenue $956,400

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