Premier Regional Full Service Restaurant Chain

www.GlobalBX.com

Listing ID: 700262910

Listing Title: Premier Regional Full Service Restaurant Chain

Quick Link: http://www.globalbx.com/listing.asp?bId=262910

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Rhode Island

Area

City:

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $7,200,000

Cash Flow: $745,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1999

Number of Employees: 10 - 19

Business Description:
Well Established and Recognized Regional Full Service Restaurant Chain with Banquet Facilities. This company, established in 1996, has been a well-known, regional brand concept among consumers with several locations. With revenue of $7.2MM and cash flow of $745,000 per year, it is a very desirable and bankable acquisition. Asking $2,500,000 (For the Business alone) – Real Estate is also available but owner will lease long-term. PARKING: Dedicated Private lot & Public lots EQUIPMENT: The equipment of great-to-good quality and in new condition. LEASE TERMS: If the Real Estate is not purchased the LL will negotiate new long-term lease. BASE RENT: $515,495 per year CONCEPT: Upscale sushi SIZE: 3,500 – 25,000 square feet per unit (some serve as function area) LICENSES: Full Liquor & Entertainment Licenses SALES: $7,200,000 in 2015 CASH FLOW: $745,000 in 2015 ASKING PRICE: $2,500,000 (For the Business) – Real Estate optional and can be discussed. For more information please contact Corbett Restaurant Group 617-948-3394



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