Business For Sale Listing 131978
Family Restaurants With Substantial Profits
Status as of Nov-21-2008 at 06:04 PM: Active
Business Summary
2007 was a banner year for these well established family restaurants with revenues up nearly $1 million. This year promises to be the same, with only a modest price increase mid-year. These restaurants are ranked number one year after year by their patrons for consistent service and food quality. The loyal local clientele plus the robust tourist traffic confirms the people’s choice awards from the local media as well as a national magazine. The popularity of these establishments is evidenced by the frequent long waits at lunch and dinner. A full service bar, souvenir & adjacent shopping area, playgrounds and live entertainment are available to compliment the diner's enjoyment. Well trained management is in place along with a staff that is well known for its award winning customer service.
The income producing real estate is not included in the asking price, but is available for sale. Contact the broker for more details. Combined seating in the 17,000 SF waterfront facilities is near 600. Kitchens in mint condition. Room available for special events.
These restaurants are ranked number one year after year by their patrons for consistent service and food quality. The popularity of these establishments is made known by the frequent long waits at lunch and dinner. A full service bar, shopping area, playgrounds and live entertainment is available for the diners’ enjoyment.
Expansion limited only by imagination... expanded retail gifts, branded food products and souvenirs, to name a few. A proven platform for additional locations. SIC 5812-08
Categories
| Industry: |
Accommodation & Food Services Businesses For Sale Restaurants For Sale |
|---|---|
| Location: |
Midsouth Businesses For Sale United States Businesses For Sale |
| Other: |
Middle Market Businesses For Sale |
Industry
| Sector: | Accommodation & Food Services |
|---|---|
| Industry: | Restaurants |
Location
| Classification: | United States // Midsouth States |
|---|---|
| Location: | Southeast USA coastal |
Financials
| Sales: | Between $10 Million And $25 Million (12,500,000) |
|---|---|
| Profits: | Between $1 Million and $2.5 Million (1,664,000) |
| Profit Type: | Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: | Annual |
| Asking Price: | Between $5 Million and $7.5 Million ($7,100,000) |
