Return to search results

Award Winning Restaurant

KS

Seller Financing Available
Award Winning Restaurant
Contact Seller

Asking Price: $1,525,000

Cash Flow: $528,659

Gross Revenue: $2,775,000

EBITDA: $448,659

FF&E: $150,000

Inventory: $79,980*

Real Estate: $1,100,000*

Established: 1960

*not included in asking price.

Award Winning Restaurant

Save Print Share Valuation Report

Business Description

Profitable with Growth Potential - Real Estate Available

A popular restaurant that has been in the market for generations. This business also sells fresh cut meats, deli trays, sauces, rubs, side dishes, and other related products. The two concepts promote one another allowing the consumer to smell, taste and sample the final product before making a purchase to take home for the grill. This business has maintained a long sense of tradition and has been a go-to for generations. The new location and facility have been a success. Business hours could be extended from the current Monday through Saturday. Closed Sunday.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
8,500
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Real Estate is also owned by the seller and available for sale. A new owner has two options 1. Lease the location 10-year at approximately $11,225 per month NNN or 2. Purchase the Real Estate $1,100,000. If the Buyer is seeking bank funding, the additional purchase of Real Estate will have a positive effect on debt service for the entire purchase. Option 1 lease rate is included as an expense in the financials.
Competition:
Consumers shop larger retail chains for groceries but will make a special trip to this destination for its quality and service.
Growth & Expansion:
The current owner has taken a very active roll in the company which has played a factor in the success. Recent expansions have created a number of additional opportunities. More than the owner cares to pursue. A team approach to management would enable the business to grow at a steady, controlled and efficient rate.
Financing:
Terms similar to lender
Support & Training:
The Seller will provide transition training for up to 4 weeks on site plus 60 days consulting as needed by phone at no additional charge.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Chris Kerth

Business Listed By:
Chris Kerth

Murphy Business & Financial Corporation

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1567190 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 of Use before responding to any ad.


Similar Listings


Apple Spice

Franchise Opportunity
Cash Required: 100000