*SOLD!* Upscale, Casual Restaurant for Sale in Affluent Neighborhood
*SOLD!* Upscale, Casual Restaurant for Sale in Affluent Neighborhood
Price: $425,000
Industry: American Restaurants, Other Restaurants and Food
Independently owned, full-service restaurant for sale in affluent neighborhood. Beautiful interior with ample seating and an eye-catching full bar spanning the width of the room. Restaurant serves American cuisine with casual dining in an upscale atmosphere. Food is always prepared with fresh ingredients and made from scratch with plenty of repeat customers coming back for more. Amazing location with lots of drive by traffic and a top notch reputation in the community. If you've ever wanted to own your own restaurant, this is the perfect opportunity to get into the industry with a restaurant that has already established itself with a proven track record of success.
Gross Revenue: $1,759,000
FFE Included: Yes
FFE: 100000
Reason For Sale:
Retirement
Training & Support:
60 days but negotiable
Year Established: 2016
Employees: 23
Managers: 2
Type of Location: End cap on retail strip mall.
Square Footage: 4500
Facilities Information:
Beautiful 4,500 square foot restaurant with full bar, located off a busy road. Location and facility are excellent for this business.
Owner Qualifications:
Buyer will need to obtain a liquor license and food service permit, these two items are not transferrable from the current owner.
Competition:
There are some nearby competitors, but this restaurant continues to surpass them because of their fresh ingredients and "made from scratch" food.
Potential Growth:
Market has steady growth and local population continues to grow as well.