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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