First Rate Central Arkansas Restaurant, with Real Estate Included

AR

Seller Financing Available
Restaurant

Asking Price:$650,000

Cash Flow:N/A

Gross Revenue:$986,601

EBITDA:N/A

FF&E:$85,000

Inventory:$3,000

Real Estate:$700,350

Established:2007

First Rate Central Arkansas Restaurant, with Real Estate Included

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Business Description

Since opening in 2007, this restaurant has served many satisfied customers, and now grosses close to a million dollars per year. The present owner has another growing business and is ready to let this business be your opportunity, for less than the county appraised value of the building and real estate. The focus has not been on profits for the business, but with an involved owner and a solid base, the sky is the limit for the new owner.

Sales have grown from $824k in 2013, to $972k in 2014, to $986,601 in 2015. The owner is engaged with his other business, and is ready to move on. The 6,000 sq. ft. location is in a growing central Arkansas community, near a major highway, and appraised by the county at $700,350. With FF&E at $85,000 and inventory at $3000, your opportunity for a great future at $650,000 will likely not last long. Call 501-225-7277 or email Roy.Stephens@sunbeltnetwork.com today.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,000
Employees:
4 FTE, 6 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6,000 sq. ft. building included in sale price
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Other focusing on other business interests

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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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