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Cash Flowing Family Restaurant
Location: United States -> Arkansas
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

One year after opening this Pike County Arkansas restaurant, it was honored as the ''BEST FAMILY RESTAURANT'' in Southwest Arkansas by the local paper! This family-oriented restaurant specializes in good 'ole country cookin' with the only buffet in town! The 2300 square foot building was built in 2006, and the current owners took over the restaurant in 2012. The last three years have seen increasing revenues for this award-winning restaurant. Located in Pike County, one of Arkansass most popular tourist destinations, people come from all over the world to visit the nearby State Park - and everybody stops here to eat. Local competitors have closed business recently, eliminating nearby competition.


Voted Best Family Restaurantt by the local paper, this restaurant has quickly claimed stake to THE place to take the family for Great Food at Great Prices!

The restaurant Grossed over $240,000 in 2015 despite operating only 10 months of the year!

TREMENDOUS GROWTH potential lay in the simple fact of staying open year-round

The customer base is from local residents AND the steady stream of tourists from across the country and world providing an eclectic and unique customer base

During busy season the restaurant will average 350 customers per day!

This opportunity is PRICED BELOW MARKET VALUE! Building is 2300 square feet

FINANCING available through Real Estate & the Owner is willing to Finance a portion of the deal themselves.


Asking Price: $225,000

For more information please contact Connor Grimes at (501) 404-4980.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $249,415
Cash Flow:   $44,425
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $74,285
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will negotiate a transition period
Reason For Selling:  Pursuing other interests




Print Listing Id: 700249158
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Arkansas Businesses For Sale > Arkansas Franchises For Sale > Arkansas Business Brokers



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