Established Fine Dining Italian Restaurant

Garland County, AR

Special House-made Desserts
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Asking Price: $179,500

Cash Flow: $55,000

Gross Revenue: $290,000

EBITDA: N/A

FF&E: $25,000

Inventory: $3,000

Rent: $1.15 /Month

Established: 2007

Established Fine Dining Italian Restaurant

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Business Description

Profitable Community Favorite for Over A Decade - Priced to Sell

This established restaurant offers fine, chef-made Italian cuisine and steaks as well as a nice selection of highly rated wines in a white tablecloth setting. This restaurant has professional long-term staff, highly trained and consistent chefs, and an excellent reputation. This establishment is dedicated to providing a great dining experience, serving classical favorites and seasonal menu items. It enjoys a loyal clientele by providing a friendly and welcoming setting for people to enjoy each other’s company, great food, wine, and a full bar.

This business was opened in 2007 and has been steadily building a reputation as the go-to restaurant for delicious, authentic, handcrafted Italian cuisine, quality and consistency of freshly prepared meals, and excellent customer service.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Favorable lease terms and ample lighted parking
Competition:
This is a unique market. We are situated in a community that is both a resort community and a retirement community. The business thrives during seasons where restaurants in other markets lag. There are horse racing, hiking, golfing, tennis, hobby mining, and fishing just to name a few of the local tourism attractions.
Growth & Expansion:
There are many opportunities for growth. Right now we are open Tuesday through Saturday, just in the evenings. Lunch would provide an easy growth potential. Other potential opportunities include catering, special events, and social club meetings. Additionally, we have mostly used golf event sponsorship and word-of-mouth for advertising. A robust advertising strategy would definitely boost sales.
Support & Training:
One week in person training and one month support by phone
Reason for Selling:
Family health concerns
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Business Listed By:
Not Disclosed

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