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Fine Dining Restaurant Group
Location: United States
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Upscale specialty and family owned restaurant operation located in the South East since the late 1990s. This is a successful operation in highly desirable locations close to ''affluent'' neighborhoods. The majority of the customers are high income Individuals.

For more than 20 years, the business owners have run successful restaurants in several locations. This is an opportunity for investors to scale up, replicate, license or franchise a highly successful recipe that has an average Adjusted EBITDA around 30%.

Managed by the owners, the employee base pool has a very high retention rate. Many of them have been there, for more than 10 years. 2016 revenues $ 5.4 M with Adjusted EBITDA of $ 1.730M.

ASKING PRICE: $ 6M (Real Estate not included).
Some of the real estate is owned by the seller. It is available for $9M .


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $5,400
Cash Flow:   $1,730
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,500
Seller Financing:  Not Disclosed

About The Business

Year Established:  1998
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  To be discussed
Reason For Selling:  Retirement




Print Listing Id: 700271214
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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

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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