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Listing #S122220

Lunch Restaurant & Corporate Caterer

Profitable turnkey restaurant & catering bus.

This long-established business has served a loyal customer base for 25 years and has been at its current location since 2005. Corporate and private catering generates about 70% of the revenues. The restaurant, which seats 54 and serves a steady lunch crowd made up of primarily local business people, contributes the other 30%. There is a state-of-the-art commercial kitchen, ample prep areas and a private outside grilling area. The cafe/restaurant serves a different variety of hot southern cuisine daily, along with seafood, bar-b-que and other favorites. The large open dining area and private parking lot offer a great location for private parties catered on premises. Hours for the restaurant could be easily extended to accommodate breakfast and dinner and could be extended through the weekend. Sales have remained steady, with satisfied and loyal customers, without having to pay for outside advertising. This is a fully equipped, turnkey operation.





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Primary Business Category: Restaurants, Bars & Other Food Services (SIC 58, NAICS 722)
Secondary Business Category: Retail Trade - Food & Beverage Stores (SIC 54, NAICS 445)
Location: Georgia
Metropolitan Area: Savannah
Listed by: An Intermediary
 

Financial Information

Gross Revenue: $653,888 Asking Price: $315,000
Current Year Projected Revenue: $164,154 FF & E (included): Not Disclosed
EBITDA: Not Disclosed Inventory (included): Not Disclosed
Current Year Projected EBITDA: Not Disclosed Real Estate (included): Not Disclosed
Profitable: Yes Transaction Sought: Asset
Business Type: Not Disclosed Payment Requested: Not Disclosed
Financials: Not Disclosed Seller Financing Available: Not Disclosed
 

Company Information

Year Established: 1984 Home Based: No
Number of Employees: Not Disclosed Franchise: No
Management: Not Disclosed Distressed: No
Non Compete Agreement: Not Disclosed Relocatable: No
Reason for Sale: Not Disclosed
Fiscal Year End: Not Disclosed
Ownership: Private
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