Full Service American Restaurant
www.GlobalBX.com
Listing ID:
700241305
Listing Title:
Full Service American Restaurant
Quick Link:
http://www.globalbx.com/listing.asp?bId=241305
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Wisconsin
Area
City:
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$2,600,000
Cash Flow:
$267,000
Cash Flow Type:
EBITDA
Year Established:
2001
Number of Employees:
50 - 99
Business Description:
The business is an absentee-operated full-service restaurant primarily operating under two restaurant concepts. Both these restaurants concepts are situated within the same facility located along a historic city street near a magnificent water front. The Restaurant is a well-known establishment in the city and visited frequently by tourists. The layout of the restaurant provides a great atmosphere for eating, drinking, and watching sports with 14-foot ceilings, three bars, three dining rooms, balconies, and a historical ambiance.
The Restaurant operates as a brewpub offering liquor, domestic and local beer, sandwiches, soups and salads, meat, and seafood. Local beer is provided from an onsite brewery.
The Restaurant also includes another concept that serves appetizers, soup and salad, burgers, pizza, wings, and offers delivery.
* Superior Name and Reputation: The Restaurant's brand has been built over a decade and is well-known within its region.
* Management Will Remain through Transition: Management is willing to stay with the Restaurant during a transition period in order to ensure a seamless transfer of ownership.
* Strong Historical Sales Growth: Historically, the Restaurant has grown at a 9.2% compound annual growth rate, primarily driven by growing reputation within the Restaurant's region and increase in tourism in its market.
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