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Highly Trafficked NWA Restaurant w/ Great Upside and Following

Washington County, AR

Awards Keep Coming to this Restaurant
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Asking Price: $225,000

Cash Flow: N/A

Gross Revenue: $923,087

EBITDA: N/A

FF&E: $147,333

Inventory: N/A

Established: 2016

Highly Trafficked NWA Restaurant w/ Great Upside and Following

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Business Description

Popular Concept - Full Liquor License

Award winning Restaurant with spacious dining and outdoor seating areas. Kitchen is well planned for efficiency. Sales are up 20% from last year and the restaurant is projected to exceed 1 million dollars in sales. Professionally managed, though an experienced owner operator could reduce food and labor cost. Currently serving breakfast, lunch, dinner and weekend brunch. Plenty of repeat business, great reviews and several awards.

This is a fantastic opportunity to acquire a well established restaurant that has nearly $150,000 in FF&E. The business has not been open for three years yet, and is already on track to exceed a million dollars in sales!

Concept that has potential to turn into a franchise.

Currently serving beer, wine, and liquor.

Detailed Information

Location:
Washington County, AR
Inventory:
Included in asking price
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Heavily trafficked area with frontage (21K CPD). The building is 3000 square feet, and has an efficient kitchen layout suitable for catering in addition to daily needs. There is indoor and outdoor seating, two bathrooms, and a management office between the kitchen and the dining area. Current lease is assignable and runs until August 30, 2021 with three renewable five year terms.
Competition:
Unique dining concept and menu that is proving popular, creating a destination location. So many awards and 5 star reviews this restaurant has pulled ahead of the competition. Varied menu serving unique offering for breakfast, lunch, brunch and dinner.
Growth & Expansion:
The catering part of their marketing plan is just now starting to be executed and shows great promise. The concept is unique enough to continue to set this restaurant apart from others. A food truck with a limited menu from the restaurant would also help expand the business.
Support & Training:
As needed
Reason for Selling:
Other Interest
Business Website:
http://aegisbusinessbrokers.com/businesses-for-sale-arkansas.htm
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Hunter Kitchens

Business Listed By:
Hunter Kitchens

AEGIS Business Brokers

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Sponsoring Broker:
Richard Roberts

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