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Liquor permit/bistro in dry county for sale

Clinton, AR (Van Buren County)

New York Strip dinner. Enjoy with live music.
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Asking Price: $70,000

Cash Flow: N/A

Gross Revenue: $380,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2014

Liquor permit/bistro in dry county for sale

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Business Description

We are the only business in the city that can serve alcohol. We are the only full service restaurant in the area. All other food establishments are chain restaurants. We are the only place to offer live music. We have a very good reputation and a good rating. We are ranked number one out of 20 restaurants. We have been in business since 2014 and enjoyed immediate success. Our location is perfect as it is on Hwy 65, which is a main thoroughfare in AR. Not only do locals support us but people drive from surrounding areas as far as 75 miles away to dine with us. We have a full bar but still maintain a family friendly atmosphere. Travelers eat with us because we have a very good online presence and good ratings. We are the only place around that serves good quality food and home cooked dishes. Our catering business is tremendous.

Detailed Information

Location:
Clinton, AR
Employees:
10
Facilities:
We are located in a strip mall. I currently rent 3 units for a total of 1365.00/mo. The parking lot was the deciding factor in this location. It is flat and almost limitless. There is ample bus, RV, and boat parking, which is limited in our town. The location is safe and has all the amenities you need: trash, utilities, etc. The bistro will be sold fully furnished and equipped. I just recently purchased newer kitchen equipment. All equipment is in good working condition.
Competition:
Most people consider us to have little if any competition. All other restaurants in town are chain restaurants except one and they are small with limited hours and a very limited menu. We are the only place that serves alcohol, so no competition there. The closest comparable food establishments are 25-30 miles away. We draw a significant amount of business from travelers and people in the out lying areas. Clinton is home to the National Championship Chuckwagon Races annually. That brings in approx 30,000 people/yr during Labor Day Weekend.
Growth & Expansion:
There is currently opportunity for expansion. We can seat and serve 100, which is all we want to do. You can up-size or down-size depending on your desire.
Financing:
No seller financing
Support & Training:
I have had the same staff for a long time. Some have been with me 4 years. They are knowledgeable and well known in the area. I will be glad to stay on to train and help with an easy transition. Or, I will get out of your way and let you do your thing.
Reason for Selling:
Poor health/relocating out of state to live with my son who's a doctor.
Business Website:
http://lattitudebistro.com
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Business Listed By:
Tammy Gunn

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