Steak Restaurant
Location:
United States
->
North Carolina
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
What started out by the original owner to be a steak restaurant serving only rib eyes steaks has grown into a much larger operation that has developed an outstanding reputation for several noteworthy reasons. First, the menu has developed into white table cloth operation that now serves many different cuts of beef, fresh seafood, chicken, lamb chops and barbeque ribs. Recently a large salad bar was added to the food service which now has over 45 salad items and has received great acclaim from many regular patrons of the business. Secondly, the restaurant is also known for its inventory of many types and varieties of wine which are served along with the award winning menu of fresh cooked American dishes. The wine list has been recognized as being among some of the finest collections of wines and liquors served in the world. The restaurant is open for lunch and dinner and has a special Sunday brunch that is a major drawing card in the entire region. The facility also has the ability to host bridal wedding parties, special private dinner functions and other events that might need a private dining area. Contact for more information on this Steak Restaurant for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$1,219,927
Cash Flow:
$158,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $600,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1967
Number of Employees: 35 - 49
Relocatable: No
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Reason For Selling: Other business interests.
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: 70069196
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