Business Overview:
Established 8+ years, this upscale tavern-style restaurant is a proven operation with a loyal customer base and a strong local reputation. Prior to absentee ownership, annual sales exceeded $2 million; current sales are approximately $900 k with a solid foundation for growth under an owner-operator model.
Key Highlights:
4,500 + sq ft of dining, bar, and kitchen space
EBITDA: ? $110 k
Video Gaming Net Profit: ? $60 k / yr
Food & Beverage Net Profit: ? $50 k
Gross Rent: ? $12 / sq ft (Gross Rent)
Plentiful parking and strong street visibility
Leadership team in place; ideal for hands-on owner-operator
Financing available up to 90 %, depending on buyer credit, experience, collateral, and working capital
Transaction Details:
This is a business-only sale; real estate not included. The sale structure is flexible and can be customized based on the buyer’s qualifications. An NDA will be required prior to releasing the business name, location, or financial statements.
Additional Notes:
Extensive SOPs, training materials, and experienced staff provide seamless transition.
Buyer can take advantage of ongoing staff training and a fully developed operations manual.
Seller may assist with Long-term financing.
Brokers welcome — seller will split fees with buyer broker up to $5,000.
Confidential Inquiry Required for Details
Ad#:2443171