Premier Regional Full Service Restaurant Chain with Functions

Providence County, RI

Premier Regional Full Service Restaurant Chain with Functions
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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

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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
CASH FLOW: $745,000
ASKING PRICE: $2,500,000 (For the Business) – Real Estate optional and can be discussed.

Detailed Information

Location:
Providence County, RI
Real Estate:
Owned
Building SF:
N/A
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(from currently available funds)
 
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Todd Smith

Business Listed By:
Todd Smith

Corbett Restaurant Group

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