Premier Regional Full Service Restaurant Chain with Functions

RI

Premier Regional Full Service Restaurant Chain with Functions

Asking Price:$2,500,000

Cash Flow:$745,000

Gross Revenue:$7,200,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:N/A

Premier Regional Full Service Restaurant Chain with Functions

Get Financing Save Print Share Valuation Report

Business Description

Well Established and Recognized Regional Full Service Restaurant Chain with Banquet Facilities. This company, established in 1996, has been a well-known, regional brand concept among consumers with several locations. With revenue of $7.2MM and cash flow of $745,000 per year, it is a very desirable and bankable acquisition. Asking $2,500,000 (For the Business alone) – Real Estate is also available but owner will lease long-term.

PARKING: Dedicated Private lot & Public lots
EQUIPMENT: The equipment of great-to-good quality and in new condition.
LEASE TERMS: If the Real Estate is not purchased the LL will negotiate new long-term lease.
BASE RENT: $515,495 per year
CONCEPT: Upscale sushi
SIZE: 3,500 – 25,000 square feet per unit (some serve as function area)
LICENSES: Full Liquor & Entertainment Licenses
SALES: $7,200,000 in 2015
CASH FLOW: $745,000 in 2015
ASKING PRICE: $2,500,000 (For the Business) – Real Estate optional and can be discussed.

Detailed Information

Real Estate:
Owned
Building Sq. Ft.:
N/A

Listing Statistics for Premium Members

Ad#:1224259 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Todd Smith

Business Listed By:
Todd Smith

Corbett Restaurant Group

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Checkers Drive-In

Franchise Opportunity In RI
Capital Required: $165,796