Award Winning Family Restaurants
Location:
United States
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Southeast Usa
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
With the first price increase in years, and moderately at that, 2008 showed excellent profits. These restaurants are ranked number one year after year by their patrons for consistent service and food quality. The loyal local clientele plus the robust tourist traffic confirms the people’s choice awards from the local media as well as a national magazine. The popularity of these establishments is evidenced by the frequent long waits at lunch and dinner. A full service bar, souvenir & adjacent shopping area, playgrounds and live entertainment are available to compliment the diner's enjoyment.
Well trained management is in place along with a staff that is well known for its award winning customer service. The real estate is not included in the asking price but is available for sale. More details are available from broker.
These restaurants are ranked number one year after year by their patrons for consistent service and food quality. The popularity of these establishments is made known by the frequent long waits at lunch and dinner. A full service bar, shopping area, playgrounds and live entertainment is available for the diners enjoyment.
The income producing real estate is not included in the asking price, but is available for sale. Contact the broker for more details. Combined seating in the 17,000 SF waterfront facilities is near 600. Kitchens are in mint condition. Private room available for special events.
Expansion limited only by imagination... expanded retail gifts, branded food products and souvenirs, to name a few. A proven platform for additional locations. SIC 5812-08
Financials
Asking Price Range: $5.0M - $10.0M
Gross Revenues:
$1,063,000
Cash Flow:
$2,001,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1983
Number of Employees: > 200
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: By owner during transition.
Reason For Selling: Lifestyle change.
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70067403
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