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Restaurant Franchise
Location: United States -> Arkansas -> Washington County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

List Price: $975,000
Gross Income: $674,476
Seller Discretionary Earnings (SDE): $114,984
Furniture, Fixtures & Equipment: Included
Inventory: Included
Real Estate: 1.7 ac & 7,905 sf bldg.; Included; Appraised @ $1 million 2014

Established franchise restaurant's business philosophy is simple: to operate attractive, well maintained casual dining restaurants in high-traffic locations that serve great food at a great price. This philosophy has served franchisees well for more than 40 years with high-quality offerings and smiling faces. This franchise is one of the top producers in the 100 location chain benefiting from a recent remodel so it has the most current fresh design.

It is a long established and successful steakhouse and buffet restaurant located in a prime location on city's main arterial highway to downtown. Owner built in 1994 and spent over $300,000 in recent refurbishment.

Can handle small, medium, large and very large private groups with 3 separate banquet rooms with dividers.

Year Established: 1994
Employees: 24-28
Facilities: 7,905 sf building with major recent refurbishment
Seating capacity: 280
Competition: McDonalds, Pizza Hut, several local restaurants
Growth/Expansion: Yes, catering
Financing: Might consider some
Support/Training: Yes, TBD
Reason for Selling: Retiring
Location: Southwest Arkansas

For more information, contact:
Stewart Nance, Cell 870-688-7100


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $674,476
Cash Flow:   $114,984
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1994
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes, TBD.
Reason For Selling:  Retiring




Print Listing Id: 700323976
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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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