Full-Service American Restaurant & Caterer

VA

Full-Service American Restaurant & Caterer

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,450,000

EBITDA:$201,000

FF&E:N/A

Inventory:N/A

Established:N/A

Full-Service American Restaurant & Caterer

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Business Description

The Company operates as a single-location, full-service American grill, and serves both lunch and dinner. It also offers banquet room services, and has catered wedding receptions, company events, birthday parties, retirement luncheons, family and school reunions, as well as other events. Due to the Company's long-term presence in the region, during 2015, it processed over 30,000 guest checks.

The Company operates through three internal profit centers: food sales (50% of 2015 revenue), catering (35%), and alcohol sales (15%). To maintain and expand its local market share, it prices each item competitively.

The restaurant comprises approximately 10,000 square feet, and can accommodate higher revenues without major facility improvements or capital equipment expenditures. The employee base fluctuates based on daily, weekly, and seasonal demand requirements. However, it typically consists of approximately 13 full-time employees that include management and kitchen staff, and 16 part-time employees.

Detailed Information

Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Pursue other interests

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George Nova

Business Listed By:
George Nova

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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