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Premier Regional Full Service Restaurant Chain
Location: United States -> Rhode Island
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Well Established and Recognized Regional Full Service Restaurant Chain with Banquet Facilities. This company, established in 1996, has been a well-known, regional brand concept among consumers with several locations. With revenue of $7.2MM and cash flow of $745,000 per year, it is a very desirable and bankable acquisition. Asking $2,500,000 (For the Business alone) – Real Estate is also available but owner will lease long-term.

PARKING: Dedicated Private lot & Public lots
EQUIPMENT: The equipment of great-to-good quality and in new condition.
LEASE TERMS: If the Real Estate is not purchased the LL will negotiate new long-term lease.
BASE RENT: $515,495 per year
CONCEPT: Upscale sushi
SIZE: 3,500 – 25,000 square feet per unit (some serve as function area)
LICENSES: Full Liquor & Entertainment Licenses
SALES: $7,200,000 in 2015
CASH FLOW: $745,000 in 2015
ASKING PRICE: $2,500,000 (For the Business) – Real Estate optional and can be discussed.

For more information please contact Corbett Restaurant Group 617-948-3394


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $7,200,000
Cash Flow:   $745,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1999
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned

Photos

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Premier Regional Full Service Restaurant Chain Photo 1




Print Listing Id: 700262910
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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 > Rhode Island Businesses For Sale > Rhode Island Franchises For Sale > Rhode Island Business Brokers



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