NOT DISCLOSED, Nebraska
| Asking Price |
$0 |
Year Established |
2008 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Other opportunities |
|
| Annual P/L |
$0 |
Attention |
Jared Fredrickson |
|
| Annual Cash Flow |
$0 |
Listing Number |
1016316 |
|
| # of Employees |
28 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
SBA 7(a) Pre-qualified Fine Dining Restaurant with Wine Bar
This restaurant is a well-established fine dining restaurant located in Lancaster County, Nebraska that has recently been remodeled. Known for its inviting ambiance, elevated cuisine, and robust wine selection, it has become a cornerstone in the local dining scene. Since opening in 2008, it has built a loyal customer base, developed strategic retail partnerships, and created a unique dining experience that blends quality food with community connection. With a current gross annual revenue exceeding $1.3 million, the restaurant operates debt-free, making it a strong, cash-positive business with room for expansion and innovation while offering executive chef inspired American cuisine featuring hand cut steaks, pastas and fresh seafood with signature cocktails and a large wine selection throughout the world.
Property Features and Assets:
<p>This business was started in 2008, during the financial crisis. The startup required $500,000 in funding, which was secured through two separate loans to complete the buildout. Despite the economic climate, it defied the odds, surviving both the Great Recession and the COVID-19 pandemic. In fact, it emerged from each crisis with increased sales and stronger customer loyalty.<br>Over the years, it has grown from a neighborhood favorite into a trusted brand. The business was entirely paid off by 2021, an achievement that underscores its strong operational management and financial discipline.<br></p>
Market Competition and Expansion:
<p>Opportunities: This restaurant has several underutilized avenues for growth:<br><br>1. Catering Expansion: Catering is a booming segment in Lancaster County. With a dedicated catering team, this restaurant could tap into weddings, corporate events, and private gatherings, adding a significant revenue stream.<br><br>2. Lunch Service: Revamping or expanding lunch offerings could attract small business groups, professionals, and local organizations.<br><br>3. Franchise or Multi-Location Model: With a loyal following and recognizable brand, expanding to other Nebraska cities like Omaha is a promising path for growth.<br><br>4. Upselling and Menu Innovation: To include premium wines, chef’s table experiences, etc. could increase per-guest spend.<br><br>5. Digital Ordering & Gift Card Sales: Continued growth in e-gifting and online gift card platforms presents another recurring revenue channel.<br></p><p>Three fine dining restaurants in a three mile radius.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity