Full Service Restaurant

NS

Full Service Restaurant

Asking Price:$280,000

Cash Flow:$127,225

Gross Revenue:$1,002,923

EBITDA:N/A

FF&E:$90,000

Inventory:$5,000

Lease Rate/Sq. Ft.:N/A

Established:2001

Full Service Restaurant

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Business Description

This is a very popular, and well established fine dining restaurant, with a family feel. The restaurant is always at the top of any local 'Best Of" list. Emphasizing fresh in-house, local products and great service, this restaurant has been very successful for many years. The restaurant is in a great location, in a highly visible, high traffic area, and provides an excellent opportunity for a new owner-operator to carry on the tradition, and maybe add a flair of their own.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
8 FT/20 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The restaurant is located in a stand alone building in a high traffic, high visibility area.
Competition:
Although the restaurant industry is always competitive, this restaurant distinguishes itself through its offering of niche fine dining, narrowing the competition substantially. The restaurants location, though in a high traffic area, also has somewhat limited the competition.
Growth & Expansion:
Potential for growth lies in several areas, including expanding to lunch service, catering, and growing the special event and private dining side of its offering. A greater marketing effort through social and online media, as well as traditional media, should improve results.
Support & Training:
Will train for 8 weeks @ no cost. The restaurant provides a well established, fine dining menu, emphasizing high quality entrees and desserts made in-house, and featuring high quality local products, from an accomplished kitchen staff, served by capable servers.
Reason for Selling:
Owner retiring for health reasons.

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Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

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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. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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