Restaurant Franchise

www.GlobalBX.com

Listing ID: 700323976

Listing Title: Restaurant Franchise

Quick Link: http://www.globalbx.com/listing.asp?bId=323976

Industry: Food and Beverage

Industry Segment: Other Food and Beverage

Country: United States

State / Province: Arkansas

Area

City: Washington County

Asking Price Range: $500K - $1.0M

Gross Revenues: $674,476

Cash Flow: $114,984

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1994

Number of Employees: 20 - 34

Business Description:
List Price: $795,000 Gross Income: $674,476 Seller Discretionary Earnings (SDE): $114,984 Furniture, Fixtures & Equipment: Included Inventory: Included Real Estate: 1.7 ac & 7,905 sf bldg.; Included; Appraised @ $1 million 2014 Established franchise restaurant's business philosophy is simple: to operate attractive, well maintained casual dining restaurants in high-traffic locations that serve great food at a great price. This philosophy has served franchisees well for more than 40 years with high-quality offerings and smiling faces. This franchise is one of the top producers in the 100 location chain benefiting from a recent remodel so it has the most current fresh design. It is a long established and successful steakhouse and buffet restaurant located in a prime location on city's main arterial highway to downtown. Owner built in 1994 and spent over $300,000 in recent refurbishment. Can handle small, medium, large and very large private groups with 3 separate banquet rooms with dividers. Year Established: 1994 Employees: 24-28 Facilities: 7,905 sf building with major recent refurbishment Seating capacity: 280 Competition: McDonalds, Pizza Hut, several local restaurants Growth/Expansion: Yes, catering Financing: Might consider some Support/Training: Yes, TBD Reason for Selling: Retiring Location: Southwest Arkansas For more information, contact: Stewart Nance, Cell 870-688-7100



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