Amazing Restaurant at Below Asset Value

$1.8M in Sales 2024, and a Must See Restaurant at Asset Sale Price!

If you are looking to purchase a restaurant, look no further. This restaurant offers an amazing scratch kitchen featuring steak, seafood, and other contemporary dishes. Known for its great atmosphere, food, and cocktails, this restaurant is a great opportunity for anyone looking to own a successful and well-run restaurant.
Full staff in place along with well documented policy and procedures for the front and back of the house. This well-maintained opportunity allows for an easy transition and presents a turnkey opportunity. The business is located in a busy shopping center which sees excellent traffic from the growing local residential community and has approximately six years remaining on the current lease. The business offers great happy hour events which are marketed through their social media and email customer list. The business is absentee run with a GM in place, however financials have been adjusted to reflect an owner operator replacing the GM. Interested parties will need to execute an NDA and provide proof of funds. Some Seller financing is available to a qualified buyer with necessary down payment.

Cash Flow: $166,907

EBITDA: $87,561

FFE: $450,000

FFE Included: Yes

Inventory: $9,000

Inventory Included: No

Year Established: 2009

Days & Hours of Operation: M-Sun 11:30am-9:00pm

Owner Hours Per Week: 0

Managers: 1

Monthly Rent: $11,628

Square Footage: 3800

Reason For Sale:

Discuss with Seller

Training & Support:

10 days, no cost