NOT DISCLOSED, Nebraska
| Asking Price |
$1,500,000 |
Year Established |
1965 |
|
| Annual Revenue |
$1,455,330 |
Reason for Selling |
The owners of the company have decided to pursue retirement. |
|
| Annual P/L |
$0 |
Attention |
Trent Fuller |
|
| Annual Cash Flow |
$252,118 |
Listing Number |
1011264 |
|
| # of Employees |
20 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This restaurant is a long-standing, locally recognized steak house serving the community and surrounding areas with a well-established dining experience and loyal customer base. The restaurant has built a strong reputation through consistent food quality, customer service, and a recognizable presence within the local market.
The business operates as a traditional steakhouse and casual dining establishment offering a broad menu selection that appeals to both local residents and regional visitors. The restaurant benefits from repeat clientele, community recognition, and a history of operation that has established the business as a known destination within the a small town Nebraska market.
The restaurant is positioned on a well-traveled corridor and includes the operational infrastructure necessary to continue business operations with minimal interruption. The opportunity includes the established business operations, goodwill, customer base, furniture, fixtures, equipment, and associated operational assets necessary to continue serving existing clientele.
The city continues to experience stable economic activity supported by manufacturing, agriculture, healthcare, and regional commerce. The community’s consistent employment base and regional draw support ongoing demand for local dining establishments and gathering destinations.
Property Features and Assets:
<p>The restaurant operates from a freestanding facility located in small town market positioned along a well-traveled commercial corridor with strong local visibility and accessibility. The property is configured to support full-service restaurant operations and includes dining, kitchen,storage, and customer service areas designed for efficient day-to-day operations.</p><p>The facility features:</p><ul><li>Main dining area with customer seating</li><li>Full commercial kitchen</li><li>Food preparation and cooking stations</li><li>Bar and beverage service area (if applicable)</li><li>Walk-in cooler and/or freezer storage</li><li>Dry storage and inventory areas</li><li>Customer waiting and service areas</li><li>Restroom facilities</li><li>Office and operational support space</li><li>On-site parking for customers and staff</li></ul><p>The restaurant is equipped with the furniture, fixtures, and equipment necessary to continue ongoing operations, including commercial kitchen equipment, seating, tables, cooking equipment, refrigeration systems, and related operational assets.</p><p>The location benefits from established customer familiarity, roadway visibility, and accessibility. The facility’s layout supports continued restaurant operations while also presenting opportunities for operational enhancements, updated concepts, expanded catering capabilities, or modernization initiatives by future ownership.</p><p>The property’s existing infrastructure and operational setup allow a buyer to transition into business operations with minimal interruption and immediate ability to serve existing customers.</p><p>The property comes with two additional houses that sit near the restaurant that can be rented out and improve parking for the location. The restaurant also comes equipped with an apparent that sits above the location.These additional properties generate income that will be passed to the new owners. </p><p>Assets = $1,000,000</p>
Market Competition and Expansion:
<p>The local market includes a mix of independently owned restaurants, regional dining establishments, bars and grills, fast-casual concepts, and national chain restaurants serving both residents and regional travelers.</p><p>Primary competition includes:</p><ul><li>Local steakhouses and casual dining restaurants</li><li>Sports bars and grill concepts</li><li>Family dining establishments</li><li>National chain restaurants</li><li>Quick-service and fast-casual operators</li></ul><p>Within the market, competitors primarily compete on:</p><ul><li>Food quality</li><li>Service consistency</li><li>Pricing</li><li>Atmosphere and dining experience</li><li>Customer loyalty and reputation</li><li>Convenience and accessibility</li></ul><p>Historically, the business has relied more heavily on reputation, food quality, customer service, and community familiarity than large-scale advertising expenditures. This creates opportunities for future ownership to further expand marketing initiatives and increase market reach.</p><p>Potential growth opportunities for a new owner may include:</p><ul><li><p>Expanded digital and social media marketing</p></li><li><p>Search engine optimization (SEO)</p></li><li><p>Online ordering and delivery partnerships</p></li><li><p>Catering and event promotion</p></li><li><p>Enhanced community engagement</p></li><li><p>Customer loyalty programs</p></li><li><p>Website modernization</p></li><li><p>Local business partnerships</p></li><li><p>Expanded advertising campaigns</p></li><li><p>Live entertainment or special event promotions</p></li></ul><p>The restaurant’s established reputation and repeat customer base provide a strong foundation for continued growth and future marketing expansion.</p>
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