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Fayetteville Restaurant
Location: United States -> Arkansas -> Fayetteville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Financial Information
Price: $ 975,000 + Inventory
Gross Income 2018: $ 2,700,000
3 Yr Average Cash Flow: $ 325,000 Owner Est
Furniture, Fixtures & Equipment: Included in Asking Price
Inventory: Avg. $50,000 to be added to purchase price
Real Estate: Not included in Price but available separately

Summary Square Footage: 7,100 sf
Fayetteville AR's (US News & World Report's 2019's #4 Best Places to Live) heart and soul is its Dickson Street arts, entertainment and food corridor. Located prominently on Dickson, this iconic restaurant and wine bar has a fantastic, long tenured staff that has been wowing its faithful customers for decades with outstanding haute cuisine, award winning wine list and friendly knowledgeable service. Annually voted one of city's best fine dining establishments with a full menu of contemporary American offerings including seafood, steaks, and Italian fare.  Deservedly impressive reviews on Facebook, Yelp, TripAdvisor, and Google average 4 stars or greater. Management in place, owner inactive and retired.

General Information Category: Restaurant
Year Established: 1996
Employees: 40 - 50 combination of FT & PT
Facilities: leased 7100 sf - $11,167/mo
Parking spaces: Prepaid for 4 years
Capacity: Bar: 70, Restaurant: 126, Patio: 25, Boardroom 25
Competition: Many on Dickson
Growth/Expansion: NA
Financing: NA
Support/Training: Yes, TBD
Reason for Selling: Owner retired


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $2,700,000
Cash Flow:   $325,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1996
Number of Employees:  35 - 49
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes, TBD
Reason For Selling:  Owner retiring




Print Listing Id: 700339305
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Arkansas Businesses For Sale > Arkansas Franchises For Sale > Arkansas Business Brokers



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