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Free Standing American Bar & Grill
Location: United States -> Kansas -> Geary County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Prime location high volume American bar & restaurant with real estate in Geary County, Kansas is available for acquisition. The restaurant is located in a city in the county seat of Geary County, Kansas. The full-service restaurant & bar was established by the owner of the business in 2013. This American restaurant is in a 4,303 SF space of a freestanding building that is located next to major highway nearby heavy industrial area and military bases as well as lots of hotels and densely populated residential areas. Most of the customers are Caucasian individuals and families from nearby small businesses, the densely populated residential neighborhoods as well as from nearby large military bases. There are 2 direct competitors serving bar & grills found in the immediate market area. One of the major competitors has announced the closure of the business at the end of April in 2019 which is highly expected to help the immediate sales increase of the business. The business is located in a prime location with great visibility and gives customers easier access to the restaurant compared to other competitors and also serves superior products in quality. The menu of the American bar & restaurant consists of many traditional American cuisines such as fried chicken, grilled chicken, chicken fried steak, grilled fish, appetizers, burgers, wings, sandwiches, salads and much more. The restaurant has a reward program that you receive one point for every dollar you spend on food or alcohol. The restaurant has been well-positioned in the immediate market area and has been successfully operated with consistently increasing revenue for the last several years. Gross sales average for this American restaurant has been in the range of $900,000 to 1,000,000/year. Although some marketing is in place through their website, social media outlet, and specials, other proactive marketing methods need to be utilized to achieve maximum income capacity as well as growing the customer base with ...


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $988,725
Cash Flow:   $179,176
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2013
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  The owner of both businesses will provide the necessary training needed to smoothly transition into the business operations.
Reason For Selling:  New opportunities. The owner resides out of state.




Print Listing Id: 700347956
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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 > Kansas Businesses For Sale > Kansas Franchises For Sale > Kansas Business Brokers



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