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Operating Downtown Restaurant
Location: United States -> Arkansas -> Siloam Springs
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

Restaurant for sale in Siloam Springs located in beautiful downtown property. The property is a 4000 sq foot Victorian accommodation right over the road from the Gazebo & water fall. Within the property there is a three bedroom apartment upstairs. The ground floor consists of four rooms and has been recently refurbished to a very high standard.

A local business is looking in to renting space within the building with the new owners so if you were interested you could reduce your rent by half. Also if the new owner didn't want to live at the premises the upstairs can be rented out as a one family dwelling earning more revenue. Currently we are operating as a English Tea Room and have been in business for nearly three years.

We were asking $80,000 for the business and the property is rented for $1,000 per calendar month. We did have a buyer whom has turned out to be a time waster so we have reduced the business down to $50,000 ono for a quick sale.

Included in the sale is a full operational stainless steel commercial kitchen with a state food licence. Tables, Chairs and everything you would need to operate immediately. For further details please email or call me on 479-228-1920.


Asking Price Range:  < $250K
Gross Revenues:   $65,000
Cash Flow:   $50,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2009
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Owners returning to Europe.

Print Listing Id: 700164919
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Also See: Franchise Opportunities > Franchise Resales > Arkansas Businesses For Sale > Arkansas Franchises For Sale > Arkansas Business Brokers

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