Business For Sale Listing 13670
Full Service Restaurant & Lounge
Status as of Dec-1-2008 at 06:22 PM: Active
Business Summary
This is a clean, well kept, casual restaurant that was built in 1995 and operated by the same owners. Located on two major highways, this business is thriving with a growing clientele that reaches across the U.S. They serve breakfast, lunch and dinner to a loyal trade of local residents, pleasure and business travelers. Exceptional highway location with large parking lot is adjacent to a first-rate 42 room motel. This restaurant and lounge with a banquet facility is the caliber you would find in the city, but nestled in a small central Nebraska town. In addition to the 90 seat dinning room, a cozy 48 seat lounge accented with a beautiful cherry wood bar offers patrons a place to relax with a drink or catch a sporting event on the big screen. In addition there is a separate banquet room that will accommodate over 100. Being centrally located, this is a perfect spot for all types of meetings and gatherings. It is becoming a destination for all types of actives such as cycling, motorcycle trips, golfing, river activities, hunting, wildlife viewing and more. There are several businesses and activities in the area that compliment this restaurant, but no business like it for 60 miles in any direction. The building and all equipment is owned and in excellent repair. With a professionally designed kitchen, this facility is one of the nicest in the area. With fresh ideas this restaurant, especially the banquet facility and lounge have great potential to raise customer counts. This is a change to get away from the hustle and bustle of a city, live in a safe small town, and run your own business. There are 7 full-time and 10-12 part-time employees. Management Training & Support-Seller will assist buyer in making smooth transition in ownership. Reason for Selling: Owner desires someone with fresh ideas to continue to grow this business. Gross sales of $413,697. Total Asset Value of $362,000. Priced at $465,000. Located in Central Nebraska. Ask for portfolio number 0296.
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