With average sales volume exceeding $4,000,000 and owner earnings exceeding $500,000 the past 3 years, this retirement aged seller is poised to transition this well-established and unique restaurant concept to an excited buyer. Two recent actions taken by management will surely bode well for future sales – changing to a new online ordering platform and a new catering menu. The business is offered as an asset purchase, free and clear of debt. Seller will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:
Full liquor license
SBA loan qualified
High quality employees
Experienced management in place
Family friendly with unique environment
Well known with established name and reputation
Excellent books and records – all numbers are verifiable
Price includes all equipment with initial purchase value of $1,000,000
Both facilities exceed 6,000 square feet each with abundant parking and are very attractively decorated. In addition, both locations are close to high drive time populations, large employers, high median household incomes, and great visibility.
Growth will be achieved through the new online ordering platform and the new catering menu along with expanding social media and digital advertising.
Management is well aware of the competitive nature of the restaurant industry and has done a great job staying ahead of the competition with robust advertising and marketing programs.
The seller is of retirement age and wishes to find a buyer that will lead restaurant sales and profits to even greater heights than they have been.
The seller will train in all aspects of the business and will be available to ensure a smooth transition.