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Breakfast - Lunch Restaurant W / Living Quarters
Location: United States -> Arkansas -> Eureka Springs
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Eureka Springs Icon - Restaurant currently run by semi-absentee owner generating good profit serving breakfast and lunch only. Sales for 2021 are on track to meet or exceed 2019.
Adding Dinner during the long tourist season could add $200-250K in sales and $50K to the bottom line.
The facilities are on a main thoroughfare with a daily average traffic count
of 6,600-9,300.

Beer and Wine Permit

Current employees ready to stay.

Real Estate with living quarters and office space included. New owner could use or rent for $7,500-10,000 per year.

Semi-absentee ownership.

Real estate included.

''The fastest-growing counties and metropolitan area in Arkansas over the
past decade were in the state's northwest region, according to data released
Thursday from the U.S. Census Bureau.

Benton County had the state's fastest growth, with its population increasing
by 28.5% since 2010 to 284,333. The second fastest growing, Washington
County, saw its population increase by about 21% to 245,871.

The Fayetteville-Springdale-Rogers metropolitan area grew by 24.2% to
546,725. The region is home to the headquarters of Walmart and Tyson Foods,
as well as the University of Arkansas' flagship campus in Fayetteville.''

Source AP News


PLEASE DO NOT TALK TO EMPLOYEES ABOUT BUSINESS/REAL ESTATE SALE.
Seller requires signed Non-Disclosure Agreement (NDA) to release financial and operational information.

Mary Lovelady 479.689.4455 Ext 12.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2013
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Most staff expected to stay. Transition training/support 2-4 weeks.
Reason For Selling:  Retirement Planning




Print Listing Id: 700364724
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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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