30 year old Restaurant, in a Prime Location

AR

Established Restaurant

Asking Price:$300,000

Cash Flow:$110,000

Gross Revenue:$480,000

EBITDA:N/A

FF&E:$125,000

Inventory:$20,000

Established:1978

30 year old Restaurant, in a Prime Location

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Business Description

Location, location, location. This restaurant has lake access from one of the busiest lakes in Arkansas. The menu and reputation have been proven for nearly 30 years. The concept is easy: good food, good service, a full bar, lake access, and in a major city that has year round tourism. Do a good job and treat customers right and the sky is the limit. The customer traffic is there year after year, by car, by water, and by foot.

You know how it feels to walk into a restaurant on the water and on vacation because that is the way you will feel when you walk into this restaurant. This business can be worked hard during the busy season and still has time for the owner to relax and enjoy the other times of the year. The seller works part time at the business.

The prime real estate can be purchased in addition to the business or it can be leased to the new owner. Buyers will need to complete a confidentiality agreement and buyer profile.

Detailed Information

Inventory:
Included in asking price
Employees:
8 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,000 sq. ft. building; available for lease or purchase
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement

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Erik de Renouard

Business Listed By:
Erik de Renouard

SUNBELT OF LITTLE ROCK

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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